Asian stocks up despite lower yuan
 

Asian stocks up despite lower yuan
http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fAsian shares were up despite China sending the value of its currency, the yuan lower for the third consecutive day.Thursday's yuan guidance rate was set 1% down, a smaller margin than the shock cuts earlier in the week.The midpoint is a guiding rate set by the government, from which trade can rise or fall 2% during the day.The Shanghai Composite rose by 0.8% to 3,916.68 points in early trading on hopes the lower yuan will help exports.