China has no intention of devaluating the yuan to gain an advantage in global trade and there is no basis for long-term depreciation, the central bank said Thursday.
..."The reports misled expectations and disrupted the market, encouraging speculative selling. We strongly condemn the behavior, which is irresponsible and against professional ethics," the PBOC said.
Australian housing construction implodes
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The Albanese government’s fairy-tale target of building 1.2 million homes
over five years, or 60,000 homes per quarter, keeps getting crushed.
Dwelling a...
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