Topic: Business
Recovery weak as stimulus ends: employers' group
AFP European Edition
The economic recovery will remain fragile until the middle of next year due to the withdrawal of stimulus measures, the Confederation of British Industry warned Monday. The end of emergency steps to combat the recession such as the reduction in Value-Added Tax (VAT) and a scheme that subsidises the cost ...
British recovery weak as stimulus ends: employers' group
AFP Global Edition
Britain's economic recovery will remain fragile until the middle of next year due to the withdrawal of stimulus measures, the Confederation of British Industry warned Monday. The end of emergency steps to combat the recession such as the reduction in Value-Added Tax (VAT) and a scheme that subsidises the ...
Yuan in global FX reserves as soon as 2025: c.banker poll
Reuters US Online Report Business News
LONDON (Reuters) - China's yuan could become a reserve currency accounting for at least five percent of global foreign-exchange reserves as early as 2025, central bankers said in an annual global survey. The poll of reserve managers from 43 central banks also revealed a renewed respect for gold as a ...
China vows to hit back if targeted by U.S. on yuan
Reuters US Online Report Business News
BEIJING (Reuters) - Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan. Chen again accused Washington of politicizing the issue ahead of an April ...
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