China has no intention of devaluating the yuan to gain an advantage in global trade and there is no basis for long-term depreciation, the central bank said Thursday.
..."The reports misled expectations and disrupted the market, encouraging speculative selling. We strongly condemn the behavior, which is irresponsible and against professional ethics," the PBOC said.
BHP drunk on Anglo takeover
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BHP going big: BHP is doubling down on its big bet on copper demand growing
exponentially in the global shift away from fossil fuels, with a bold
takeove...
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