An economist at financial services firm TD says the Chinese yuan, the euro, and digitalcurrencies could erode the U.S. dollar’s dominance. dedollarization
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Analysis: China's yuan may slip further to aid economic recovery - analystsChina's yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors fret over a bumpy pandemic recovery in the world's second-largest economy.
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Driving Growth Through TransformationIt seems like every company you can think of—including your own—includes a 'digital transformation' journey. The problem is that many companies start down the road of their digital transformation journey without a good sense of exactly where they are going—or a clear idea of how they will create and capture digital value. Not surprisingly, this leads to problems like failure to realize value, wasted resources and effort, added complexity, and dysfunction. But there is a solution. In this live, interactive HBR webinar, MIT research scientist Stephanie Woerner will share the method they have developed to help companies get digital transformation right. Based on years of rigorous research with data from more than 1,000 companies, she will provide insights into the important dimensions at which a firm must excel to be competitive, as well as the organizational disruptions every firm must manage as part of their transformation journey. In this webinar, Woerner will share: • A playbook to guide organizations on their journey • The “four pathways” framework to capturing digital value • Case studies and example of companies that have put the playbook into action The goal for companies isn’t digital transformation. but is a profound business transformation. On June 6, join Woerner and HBR to discover the keys to a successful, value-generating digital transformation.
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US Navy releases video of Chinese warship's 'unsafe interaction' near TaiwanThe U.S. Navy has released a video of what it called an 'unsafe interaction' in the Taiwan Strait, in which a Chinese warship crossed in front of a U.S. destroyer in the sensitive waterway that separates democratically governed Taiwan from China.
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Watch: Chinese warship sails dangerously close to U.S. destroyer in the Taiwan StraitThe encounter comes at a tense time in U.S.-China relations.
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EUR/USD Price Analysis: Euro bears attack 1.0690-85 key support as US data loomsEUR/USD remains pressured around the intraday low, making rounds to 1.0700 of late, as a short-term key support confluence challenges the Euro sellers
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