There is increased pressure from several nations to replace the U.S. dollar as the world’s reserve currency.
Yu gained sympathy, even claiming in one video that he had accidentally injured his daughter’s face during work.
Banks are estimated to have issued $136.02b in new yuan loans. China’s new yuan loans are expected to have almost doubled in ...
Alipay, China’s largest payment platform with more than 1 billion users, has reportedly featured Bitcoin and crypto-related ...
OnePlus is gearing up to launch the OnePlus Buds Ace 2 and OnePlus Go Pad 2 in China, with reservations finally kicking off ...
Asian stocks ended mixed on Thursday despite a benign inflation report cementing expectations that the Federal Reserve will keep ...
In September, the National People's Congress, China's top legislative body, approved a proposal to gradually raise statutory retirement ages, starting in January. China has one of the lowest ...
European stock futures were little changed early Thursday ahead of expected rate cuts by the ECB and the Swiss National Bank. Asian stock benchmarks gained; the dollar edged lower; Treasury yields and ...
Call the considerations, which could have knock-off effects on global currency markets, a yuan-sided argument.
China is considering allowing the yuan to weaken in 2025 in response to potential higher trade tariffs from a second Donald ...
The Australian dollar, which sometimes serves as a more actively traded proxy for the yuan, fell as much as 0.6% to a one-year low. Here are comments from market analysts and participants: JANE FOLEY, ...
Potential tariff hikes from the U.S. have caused some volatility in the yuan and raised speculation that China may devalue the currency to help exporters.