China sets biggest one-day yuan increase in over decade

China on Friday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell against leading currencies the previous day. Markets in Asia were flat after a day of little change in Europe and on Wall Street, but Samsung shares were boosted as it tipped soaring profits while Toyota dipped following a threat from Donald Trump over a new vehicle plant in Mexico. The People's Bank of China (PBoC), which has been battling to shore up the sagging yuan, fixed it