Since the last survey in 2022, this year's Bank for International Settlements figures show a near 60% increase in the daily turnover in the dollar yuan pair to $781 billion, which is a little over 8% ...
The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
Zoom Communications Inc. reported quarterly revenue that topped analysts’ estimates, a sign of strength for the software ...
Boris Titov added that the Russian-Chinese Committee for Friendship, Peace, and Development will inform entrepreneurs about how to use the digital yuan to facilitate cross-border payments ...
China's central bank said on Thursday it will sell 45 billion yuan ($6.33 billion) worth of yuan-denominated bills in Hong ...
PDD Holdings Inc.’s revenue rose a better-than-expected 9% in a sign of a gradual recovery in its Chinese business, while the ...
Tsingtao Brewery has scrapped its proposed acquisition of Chinese rice wine producer Jimo Yellow Wine Factory. In a stock exchange filing today (27 October), the brewer said the acquisition ...
The industrial side of the U.S. economy contracted in September for the seventh month in a row, a new survey showed, as companies struggled to cope with high tariffs, rising prices and reduced demand ...
With Cameron Johnston sidelined by a foot/ankle injury, the Bills are making a couple of moves at punter. Per Adam Schefter of ESPN, Johnston is going on injured reserve and Buffalo is signing former ...
China launched a digital yuan operations center in Shanghai focused on cross-border payments, blockchain services and digital-asset platforms. China’s central bank has opened a new operations center ...
A surge in Chinese equities is stoking bullish sentiment toward the yuan, raising prospects of a virtuous cycle where gains in one asset class reinforce confidence in the other. The iShares MSCI China ...
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