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FOREIGN EXCHANGE

China's regulators struggle to sway companies on currency risk

China's regulators struggle to sway companies on currency risk

By Winni Zhou and Andrew Galbraith SHANGHAI, June 22 (Reuters) - China's financial regulators are cajoling companies to protect themselves against currency risks as the central bank gradually loosens its reins on the yuan, but are struggling to convince local businesses to hedge. Senior regulators have used every public occasion to stress the...

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Andrew Galbraith China Han Changming PBOC People 's Bank of China Winni Zhou

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Matt Damon denies using homophobic slur and says he stands with LGBTQ+ community after interview backlash

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