Sam Spade

17 Flips | 6 Magazines | 8 Likes | 3 Following | 8 Followers | @Sam3ibh | I am a man from US and love to give people love advice.

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Exclusive: China to tolerate weaker yuan, wary of trade partners' reaction - sources | Reuters

BEIJING/SHANGHAI (Reuters) - China’s central bank would tolerate a fall in the yuan to as low as 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year’s record decline of 4.5 percent, policy sources said.<p>Chinese 100 yuan banknotes are seen on a counter of a …

Markets shift after Carney speech

<b>UK shares have risen and the pound has fallen after Bank of England governor Mark Carney hinted at fresh stimulus measures after the Brexit vote.</b><p>The FTSE 100 index closed 2.27% higher, while the FTSE 250 closed up 1.68%.<p>The pound fell 1.04% against the dollar to $1.3289 after Mr Carney said a …

'Three Amigos' Obama, Trudeau and Nieto attempt awkward three-way handshake

US President Barack Obama, Canada's Prime Minister Justin Trudeau and Mexico's President Enrique Pena Nieto probably overdid the diplomacy when they attempted this awkward three-way handshake.<p>The leaders, referred to as the "Three Amigos", were convening the summit intended to reaffirm their close …

Stocks rise as markets get over 'Brexit' shock

TOKYO (AP) — World stock markets mostly rose Thursday as investors gradually overcame the shock set off by Britain's vote last week to leave the …

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