CHINA TOPIX

03/29/2024 01:37:15 am

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Pimco

The firm stated that alternatively, the country may decide to widen the trading band for the currency.

PIMCO Speculates Possibility of Floating Yuan in 2017

Asset management firm PIMCO stated that there is possibility that China may freely float Yuan this year. The firm stated that alternatively, the country may decide to widen the trading band for the currency. Yuan had a tumultuous time in 2016 as it saw steady decline in its value.

Teller

China Economy Falters But Its Future Remains Bright

China's economic growth may be slowing down but PIMCO remain bullish, citing several indicators.

Bill Gross

Pimco Loses $10B as Investors Withdraw after Gross Exits

Pimco losing Bill Gates made a huge impact to the company causing investors to withdraw about $10B right after the Wall Street Journal announced the departure on Friday, September 26.

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