News

Enterprises are growing more keen on using the yuan in the settlement of international payments – a trend emerging as the safety and credibility of US assets are questioned, according to survey ...
The cost to borrow the offshore yuan in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even as the dollar weakens. The one-month Hong ...
SHANGHAI: China’s yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained wary about the economic risks of an escalating trade war between the world’s two ...
SHANGHAI: China’s yuan hovered near a more than two-week high against the dollar on Monday, although uncertainty surrounding Sino-US trade tensions restricted the currency’s upside potential.
SHANGHAI, April 21 (Reuters) - China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion ...
With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...
With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...
The Executive Yuan and the Mainland Affairs Council should look into recent actions taken by the Lienchiang County (Matsu) Government to ensure they do not align with China’s “united front” rhetoric, ...
MUMBAI, April 22 (Reuters) - The Indian rupee treaded water on Tuesday as mild dollar inflows helped offset the impact of the Chinese yuan's decline, with traders expecting the rupee to hold a ...