The People’s Bank of China cautioned against a rapid appreciation of the currency which hovered just shy of the psychologically key 7-per-dollar level.
Business
Exports rose 1.6% month-on-month during the first 25 days of December, according to Intertek Testing Services.
Shanghai stocks took a breather on Friday as profit-taking pressure grew, but analysts expect the upward trend to continue, aided by a strengthening yuan.

Najib found guilty in 1MDB corruption case
High Court rules that the defence failed to raise reasonable doubt on the prosecution’s case.












