‘Do not bet’: China’s central lender warns in opposition to yuan speculation

Essential Factors

“Do not wager on a 1-sided appreciation or deprecation of the renminbi trade fee,” the central lender said in a Chinese statement on its internet site late Wednesday, according to a CNBC translation.
That’s dependent on a readout of a speech by vice governor Liu Guoqiang at a online video conference conference on international trade that day.
The renminbi, or the yuan, crossed the 7.2 stage in opposition to the buck Wednesday to its weakest due to the fact 2008.

Source

Finance

Stocks making the biggest moves after hours: Tesla, IBM, ServiceNow, Southwest Airlines and more

April 22, 2026

Check out the companies making headlines after the bell : International Business Machines — The technology giant slipped 6% after IBM failed to raise its full-year guidance after posting an earnings beat. IBM reported first-quarter earnings of $1.91 per share, excluding items, beating forecasts of $1.81, according to LSEG. The company’s $15.92 billion in revenue […]

Finance

Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more

April 22, 2026

Check out the companies making the biggest moves midday: Calix — The AI and cloud platform tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s second-quarter guidance underwhelemed investors. TE sees […]

Finance

Stocks making the biggest moves premarket: GE Vernova, Vertiv, Best Buy & more

April 22, 2026

Check out the companies making the biggest moves premarket: United Airlines — Shares rose more than 1.5% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of […]