Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...
Barclays analysts said there is potential for continued dollar weakness if China’s fiscal stimulus becomes a CNY10T package.
BEIJING, Sept 27 (Reuters) - China's central bank on Friday lowered interest rates and injected liquidity into the banking ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...
It’s notable that the yuan’s rally this week has been accompanied by surging stocks and higher bond yields. In the long run, ...
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
China’s yuan has gained about 0.6% against the dollar this week as Beijing unveiled its biggest stimulus since the pandemic ...
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst ...