How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
How China opened the door to creating a direct rival to US payment systems
China’s recent changes to the rules governing its global payment system could pave the way for turning it…
Can China’s roaring trade engine power the yuan’s challenge to the US dollar?
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political…
The U.S. K-shaped economy just keeps getting worse – LegalShield’s Layton
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
FOMC minutes show a Fed confident in labor stability but uncertain about inflation, and increasingly divided on the rate path – KITCO
FOMC minutes show a Fed confident in labor stability but uncertain about inflation, and increasingly divided on the…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
Gold and silver volatility rattles nerves, but not convictions – KITCO
Gold and silver volatility rattles nerves, but not convictions KITCO Gold bulls hold firm after historic metals sell-off —…
Trade war, global instability push de-dollarisation into China’s academic mainstream
Interest in de-dollarisation has spiked in Chinese academic and policy circles, as Beijing grows increasingly wary of the…