Wall Street and the media pays close attentions to every company's Earnings Per Share (EPS) number. EPS is calculated by dividing earnings (net income) by the total number of shares outstanding. Net income is the bottom line of the income…
Tag: Manipulation
How and why China devalues its currency?
I am sure all of you have heard US President Donald Trump accuse China of manipulating China's currency. He claims that China devalues its currency in order to stay competitive. Let's break that down and see how and why China…