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China may change yuan fixing formula
Business, Bloomberg News, Published on 27/05/2017
» China is considering changes to the way it calculates the yuan's daily reference rate against the dollar, a move that's likely to reduce exchange-rate volatility while undermining efforts to increase the role of market forces in Asia's largest economy.
Oil nears $50 as Opec deal disappointment eases
Bloomberg News, Published on 27/05/2017
» NEW YORK - Oil recovered some of its mojo, nearing $50 a barrel again, as investors tempered their disappointment over Opec’s output agreement.