BOAO / Reuters China’s yuan will come under renewed downward pressure if the US dollar rises significantly in coming months, a policy adviser to the People’s Bank of China (PBOC) said. Huang Yiping, a professor at Peking University and a member of the central bank’s monetary policy committee, also said the central bank was managing the yuan against a basket ...

REUTERS The new governor of Bangladesh’s central bank has sent formal letters to the New York Reserve Fed, as well as central bank, and money laundering chiefs in the Philippines, asking them to help recover its stolen $81 million, a senior central bank official said on Sunday. The news came as Finance Minister Abul Maal Abdul Muhith said the government ...

LONDON / Reuters British consumers are still driving the country’s recovery despite a gloomier outlook for the economy and the approach of the European Union membership referendum, figures showed. Official data showed retail sales fell more gently than expected in February after a bumper January. A separate survey by the Confederation of British Industry (CBI) showed sales volumes fell slightly ...