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International

Yuan-Dollar Rate Reaches 7-Month High

Written: 2012-07-26 14:03:09Updated: 2012-07-26 17:29:40

The rate of the Chinese yuan against the U.S. dollar has hit a seven-month high. The China Foreign Exchange Trade System said that the Chinese ...

International

Moody's Lowers Outlook on 17 German Banks

Written: 2012-07-26 08:28:46Updated: 2012-07-26 16:43:05

International credit rating agency Moody’s has lowered its outlook on 17 German banks from “stable” to “negative”. The rating agency on Wednesday ...

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