Bloomberg The yen weakened past 110 per dollar for the first time in almost eight months as the imminent signing of a US-China trade deal sapped demand for haven assets. Japan’s currency fell as much as 0.2% to 110.21 as the Trump administration removed its designation of China as a currency manipulator before Wednesday’s planned signing of a phase-one agreement. ...

Bloomberg The Trump administration lifted its designation of China as a currency manipulator, saying the nation has made “enforceable commitments” not to devalue the yuan and has agreed to publish exchange-rate information. The change in the US stance was outlined in the US Treasury Department’s semiannual foreign-exchange report to Congress. The document was released two days before America and China ...

Bloomberg Michael Patra was appointed deputy governor of the Reserve Bank of India (RBI), beefing up the leadership of the institution at a time of economic and banking stress. Patra takes office for a period of three years from the date of joining or until further orders, according to a statement from the Appointments Committee of the Cabinet. He’ll be ...