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reuters.com

Exclusive: Argentina to use IMF money to pay back part of a currency swap with China -sources (www.reuters.com)

LONDON, Aug 23 (Reuters) - Argentina plans to tap a $7.5 billion disbursement from the International Monetary Fund to repay China part of the money it borrowed through a currency swap line, two sources with direct knowledge of the matter said on Wednesday....

Rare earths magnet firms turn to Vietnam in China hedge (www.reuters.com)

Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, according to documents and people familiar with the plans, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.

China's state banks seen selling dollars for yuan in London and New York hours (www.reuters.com)

China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan’s depreciation.

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