Currencies

China's yuan falls against dollar, helping exporters

China's central bank is allowing its tightly controlled yuan to drift lower against the dollar, a move that could help exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital Beijing spent months trying to stanch.

UK politicians reel as Trump unleashes criticism then charm

The British pound has fallen and U.K. politicians are reeling from the tornado-blast of U.S. President Donald Trump, who has humiliated Prime Minister Theresa May, crushed hopes of a quick U.S.-U.K. trade deal and boosted May's opponents in the high-stakes battle over Brexit.

Asian markets rebound from trade fears

Global stock indexes are falling Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would to retaliate.