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PBOC sets USD/CNY reference rate at 7.1848 vs. 7.1879 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1848, as compared to the previous day's fix of 7.1879.

France’s Macron: From now on, a new era must start with new compromises

French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, per Reuter.
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South Korean President faces impeachment vote after martial law shock

The main opposition Democratic Party of Korea announced Thursday that an impeachment motion against President Yoon Suk Yeol will be put to a vote on Saturday, per Asia News.
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