Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
SHANGHAI China's stock markets retreated on Wednesday as fresh U.S. tariffs and the increasingly heated trade war between the world's two largest economies cast doubt over Beijing's ability to boost its economy through pro-growth policies.
SHANGHAI Major state-owned Chinese banks were seen selling dollars on Friday afternoon in an apparent attempt to put a floor under a tumbling yuan, as the worsening trade dispute between the United States and China drove the currency to a fresh 14-month low.
SHANGHAI/HONG KONG China's uncharacteristically laissez-faire approach to its swiftly declining currency is spawning market speculation that the yuan is part of an economic stimulus toolkit and will be allowed to weaken more over the rest of the year.
SHANGHAI China's yuan finished domestic trade at its weakest in 13 months on Friday, dragged lower by the central bank's midpoint and fears of further depreciation amid Sino-U.S. trade tensions.
SHANGHAI Large state-run Chinese banks sold dollars in the yuan forwards market on Thursday, with their operations causing the future value of the yuan against the dollar to rise sharply, traders said.
SHANGHAI Chinese government bond yields and stocks rose on Tuesday after Beijing vowed to pursue a more 'vigorous' fiscal policy, as authorities stepped up efforts to support growth amid rising economic headwinds.
SHANGHAI China's yuan rebounded from more than one-year lows against the dollar on Friday afternoon, driven up on suspected dollar sales by major state banks to prop up a currency that has been hit by a bitter Sino-U.S. trade conflict.
SHANGHAI China's yuan bounced back from more than one-year lows against the U.S. dollar on Friday afternoon, after traders said major state banks sold dollars to prop up the fragile Chinese currency which has been roiled by a bitter Sino-U.S. trade conflict.
SHANGHAI China's stocks slumped Wednesday after three days of gains and the yuan weakened as the United States threatened more import duties on Chinese goods, sharply escalating the trade conflict between the world's two biggest economies.
SHANGHAI China's shares tumbled in a broad sell-off, and the yuan weakened on Wednesday after the United States threatened further import duties on Chinese goods in a sharp escalation of the trade conflict between the world's two biggest economies.