A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of ...
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
China has announced plans to channel hundreds of billions of yuan annually from state-owned insurers into shares. Led by the chief of the China Securities Regulatory Commission, officials from five ...
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
A clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] BEIJING - China's local ...
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year ...
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...