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TRADE WAR

Pressure on yuan may boost earnings for some SGX firms

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The yuan fell 0.8 per cent to end its onshore trading session at 6.8721 per US dollar on Monday, its weakest such close since Jan 3.

Singapore

FADING hopes of a US-China trade resolution have hit China's currency, with some banks revising their forecasts for the currency lower as the yuan slumped to a four-month low on Monday.

A weaker yuan trend could benefit Singapore-listed companies which clock costs in the...

sentifi.com

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