Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a ...
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...
The U.S. dollar edged lower on Tuesday as President Donald Trump's tariff threats were interpreted more as a negotiating ...
Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...
Asian equities rebounded, and tariff talk became more bark than bite for Canada and Mexico as the U.S. dollar fell.
This stance aligns with India’s broader strategy within BRICS, where it balances engagement with the Global South while ...
Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on ...
Asian Banking & Finance on MSN6 小时
HSBC cuts Philips’ currency transactions in China
Netting’ cut Philips’ cross-border transactions from 4,000 yearly to just one a month. HSBC has launched a cross-currency netting solution in China that helped Koninklijke Philips NV — known globally ...
The ultimate goal of China's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday. There is no ...
China’s sharemarket erased a near 1 per cent opening gain as traders returned from a week-long holiday to simmering tensions ...