Category: ExplainerWhat
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Explainer-What is helium and why is it used in rockets? By Reuters
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Written by Nivedita Bhattacharjee BENGALURU (Reuters) – Two NASA astronauts aboard Boeing Co’s Starliner will remain on the International Space Station for months due to a propulsion system glitch that has included a helium leak, while on Earth, SpaceX’s Polaris Dawn mission has been delayed due to helium problems in…
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Explainer-What is the Chinese yuan carry trade and how is it different from the yen’s? By Reuters
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Written by Winnie Zhou and Summer Chen SHANGHAI/HONG KONG (Reuters) – A sell-off in global markets triggered by the unwinding of yen-funded carry trades has put the spotlight on China’s yuan, also widely used as a cheap funding currency. Although August saw the yuan rise sharply by 2% against the…
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Explainer-What are Japan’s tactics based on latest suspected intervention? By Reuters
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TOKYO (Reuters) – Japan is suspected of intervening in the foreign exchange market to support the yen on several occasions this month, highlighting its unease over the pain the currency’s slide is inflicting on households as import costs rise. While authorities have not confirmed whether they have actually intervened, here’s…