Business

PBOC: Yuan strong and stable

PBOC: Yuan strong and stable

That meant instead of the yuan opening around 6.916 last Friday, it could have been 6.966 and moving closer to the level of 7 to 1 USA dollar, which could have sparked more panic. Forex market analysts who have been watching the yuan's value decline over the past year blamed the latest weakening on the specter of USA trade protectionism under a Trump administration.


Climate Change Doesn't Care About Politics — NASA Scientist

Climate Change Doesn't Care About Politics — NASA Scientist

Trump's recent denial of climate change science has fumed global leaders, who condemned his thoughts during the worldwide Conference in Marrakesh. During the International Conference in Marrakesh , Chinese official denies Donald Trump's claim stating China is responsible for climate change "hoax".


Pending home sales nudged upward in October

Pending home sales nudged upward in October

Pending sales in all four regions were running ahead of the pace of a year ago. - Some 40 percent of properties sold in October were at or above the listed price. Regionally, pending home sales increased 0.4%, month over month, in the Northeast, 0.7% in the West and 1.6% in the Midwest. Contributing to current pending home sales activity, Yun notes , is the persistence of overly-lacking supply-expected this time of year-combined with fast-moving inventory and stagnant wages.



3 dead, at least 5 sickened after Thanksgiving dinner

Officials say all of the eight patients live at the same facility. No IDs of victims in the suspected foodborne illness outbreak in Antioch. Three deaths possibly linked to Thanksgiving meal in Antioch The meal was served on Thursday at the American Legion Hall on West 6th and E streets in Antioch.


IQOS: What the 'smokeless' cigarette replacement looks like and how it works

IQOS: What the 'smokeless' cigarette replacement looks like and how it works

Are E-Cigarettes Healthier? PMI's research to date demonstrates that IQOS yields on average less than 10% of the levels of harmful constituents found in cigarette smoke*, while still providing consumers with real tobacco taste. Japan Tobacco International also has a tobacco-based cigarette alternative called Ploom Tech, and British American Tobacco said this month that it was also testing one.



Oil Stages Comeback As OPEC Heavyweights Remain Optimistic

With Iran and Iraq proving hard to persuade, OPEC "may have to opt for an opaque statement about burden sharing in order to get an agreement inked", Helima Croft, head of commodity strategy at RBC Capital Markets, said by e-mail. "OPEC meetings can be messy, and the outcomes can also be messy", said Mike Wittner, global head of oil research at Societe Generale SA. Via his stance, he also justified the current production levels of Saudi Arab that continue to grow.