Topic: Asia-Pacific Markets

US Foreign Holdings

US Foreign Holdings
FILE - In this Oct. 16, 2009 file photo, a bank clerk counts U.S. dollar notes near bundles of Chinese renminbi notes at a bank in Hefei in central China's Anhui province. China retained its spot as the biggest foreign holder of U.S. Treasury debt in January of ...
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Lawmakers press for action on China currency

WASHINGTON (Reuters) - President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage. "The impact of China's currency manipulation on the ...
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Euro falls vs dollar on persistent Greek worries

NEW YORK (Reuters) - The euro fell against the dollar on Monday, weighed down by a lack of concrete progress on a financial aid package for debt-strapped Greece. Concerns about further tightening by Chinese monetary authorities also stoked worries about a global recovery, denting investors' appetite for risk and driving higher-yielding ...
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US lawmakers attack China ahead of Nov. elections

US lawmakers step up attacks on China currency policies ahead of Nov. electionsChina is once again the country Congress loves to hate. After a lull last year, U.S. politicians jockeying ahead of crucial November elections have stepped up attacks on China as a way to win support from voters ...
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