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Yuan News - Latest Updates & Headlines

Taipei Mayor Chiang calls no-confidence vote

Taipei, April 19: Taipei Mayor Chiang Wan-an of the Chinese Nationalist Party (KMT) on Thursday called on the legislature to pass a vote of no confidence against the Cabinet, accusing President William Lai Ching-te's administration of misusing judicial power, Taipei Times reported.

Yuan sinks to 19-month low as China loosens currency grip

Shanghai, April 10: China's currency slumped to its lowest level against the US dollar in over a year and a half on Tuesday, after the central bank set a weaker-than-expected reference rate amid intensifying trade tensions with Washington, Nikkei Asia reported.