News Snapshot:
Democratic presidential nominee Joe Biden arrives to speak at a drive-in campaign rally at Riverside High School on October 18, 2020 in Durham, North Carolina. Drew Angerer | Getty Images SINGAPORE — A win for Democratic presidential nominee Joe Biden in the U.S. election next month could prove to be bullish for the Chinese yuan , analysts said. A “balanced outlook†for the election “should reduce the risk premium†for the Chinese currency, analysts at Swiss bank Lombard Odier wrote in a report on Tuesday. “We assume a Biden win that reduces some trading uncertainty,†they said. “Biden’s presidency could...
