The offshore yuan is likely to gradually weaken toward the 7.3000 level against the dollar in coming weeks, Citi said. USD/CNH was last 0.25% higher at 7.2647.

Investors like Scott Bessent because, as a hedge fund founder, he brings to the job an understanding of Wall Street and is ...

Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...

The dollar rallied sharply on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from Canada and ...

Posting on his Truth Social platform, Trump said that on the first day of his presidency he will charge Mexico and Canada a 25% tariff on all products coming into the U.S. He added in a separate ...

President-elect Donald J. Trump ordered the investigation by his legal team into Boris Epshteyn, a powerful figure in the ...

Read here for a discussion of Trump's Treasury nominee's grim view of market bubbles, blames on Fed, advocates for reforms, ...

President-elect Trump asked his top advisers to conduct an internal investigation into alleged claims of impropriety by his ...

WASHINGTON (AP) — Donald Trump’s personnel choices for his new Cabinet and White House reflect his signature positions on ...

Trump and his cabinet appointments now face confirmation tests in the Senate, which are not a guarantee. Lawmakers have shown ...

Epshteyn has been by Trump's side now for many years and is considered a leading figure in the President-elect's inner circle ...

Bessent of the Key Square Group is considered a more market-oriented type that advocates deregulation and the development of ...