One snag in applying this theory is finding exactly the same things to purchase in both countries. McDonald’s solves that ...

A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap suggests China’s currency could be undervalued, lending credence to ...

McDonald’s latest quarterly results suggest some of these issues are abating. Global same-store sales rose 0.4 per cent ...

Threats by US President Donald Trump to cut funding to South Africa has sent the rand tumbling—making an already undervalued ...