Weak Chinese yuan blunts Europe’s trade defenses
Trade war Analysts say bloc faces stark choice between deindustrialization or drastic action The yuan has weakened sharply…
ByteDance plans to spend $23 billion towards AI infrastructure in 2026, FT reports
Dec 22 (Reuters) – TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan…
Will China’s digital yuan centre be a step forward for internationalisation?
China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas…
Editorial | US rate cut offers Hong Kong relief but uncertainties remain
For people who monitor interest rates for a living, it has been a hectic week, with several major…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level…
China’s central bank vows to boost money supply, cut borrowing costs in growth push
China’s central bank has pledged more liquidity and lower borrowing costs in the second half of the year,…
China’s monetary policy impact not yet unleashed, PBOC says with 5% GDP goal in mind
China’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation,…
Russia Switches to Crypto in Oil Trade
Russia is increasingly using cryptocurrencies in its oil trade with top clients China and India amid U.S. sanctions,…
To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt
China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as…