Food prices will climb everywhere as temperatures rise due to climate change – new research 
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks 
The idea that US interest rates will stay higher for longer is probably wrong 
The yen plunges to 34-year low despite interest rate hike 
What if the Reserve Bank itself has been feeding inflation? An economist explains 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Nigerians throw naira notes around to show love: but it could land you in jail 
New EU trade rules could put poor countries in a billion dollar ‘green squeeze’ 
Given the risk-off sentiment overnight, it is hard to expect to see a solid recovery in the Chinese yuan, after the currency touched lower due to somewhat improving virus headlines, according to the latest research report from Commerzbank.
One month after the Wuhan lockdown, the Covid-19 seems to have been more or less contained for now. Outside of Hubei province where Wuhan city is located, all other Chinese provinces reported a single-digit number of new infected cases on February 24.
While everyone is looking at China's next policy step in order to boost the virus-weakened economy, a precondition for economic catchup is obviously an effective containment on the new virus. It seems for now that the light can be seen at the end of the tunnel.
For Chinese policymakers, both fiscal and monetary policies are likely to turn to heal the economic pains due to the virus.
Meanwhile, the PBoC deputy governor yesterday confirmed a slew of measures, including further adjustment to interest rates and reserve requirement ratio, encouraging the "combat-virus bonds" issued by policy banks as well as targeted lending to virus-hit entities, the report further noted.
