On today’s Big Take Asia podcast, what would it mean for the global economy if the dollar were no longer king?
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
The dollar was under pressure after the Chinese yuan rose to a 16-month high against the dollar after the government boosted ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
It's safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by the U.S. Federal Reserve's jumbo-sized interest rate cut only a few ...
“Renminbi” and “yuan,” which is the primary unit of renminbi, are often used interchangeably. The international symbol for the currency is CNY. This post has everything you need to know ...
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The six largest banks — which also include Agricultural Bank of China Ltd., China Construction Bank Corp., Bank of ...
A look at the day ahead in Asian markets. Asian markets could lose steam on Thursday following a sluggish performance on Wall ...
By Rae Wee SINGAPORE (Reuters) -Asian stocks bucked the global trend to extend a China-led rally on Thursday, fuelled by persistent optimism over the country's aggressive stimulus package and news ...
On Wednesday, the renminbi, or Chinese yuan, rose to 6.9951 against the US dollar in the offshore market, up 158 basis points from the previous close and past the 7-per-dollar milestone for the first ...