Bloomberg The US and China are edging closer to resolving differences on currencies that have bogged down economic talks for nearly two decades. The only question is how meaningful the deal will be. With both nations inching towards a trade agreement that’s expected to include a provision for China to hold the yuan stable, US President Donald Trump is shifting ...

Bloomberg China won’t make big concessions to the US in order to seal a trade deal, former finance minister Lou Jiwei said in Beijing on Wednesday, calling some US demands for change “unreasonable.” “China’s concessions probably won’t be very big because a lot of their demands are what we already plan to reform,” Lou, who was finance minister until 2016 ...

Bloomberg PT Mayora Indah, Indonesia’s largest listed consumer goods exporter, expects demand for its instant coffee and biscuits to drive a double digit growth in revenue during next five years. The company, which generates about half its revenue overseas, will boost instant coffee exports to Russia and Eastern European countries this year, said Ricky Afrianto, Mayora’s global marketing director. It ...