China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Somer G. Anderson is CPA, doctor of ...
China’s central bank set the strongest guidance rate for the yuan in almost three years, suggesting it will allow its currency to gradually appreciate even while trying to avoid hurting exporters.
ORLANDO, Florida, Dec 3 (Reuters) - China's desire to keep its exports growth engine roaring seems at odds with the steady appreciation of its currency. But these trends can continue to co-exist, ...
Simply sign up to the Chinese economy myFT Digest -- delivered directly to your inbox. Economists and investors in China and beyond are calling on Beijing to allow a sharper appreciation of the ...
(Bloomberg) -- Subscribe to Economics Daily for the latest news and analysis. The Taiwan dollar’s most extreme surge since 1988, along with prospects for continued appreciation, has triggered calls ...
HONG KONG, May 12 (Reuters Breakingviews) - The Taiwanese currency’s recent stunning rally against the U.S. dollar has highlighted a big risk in an unlikely area: the island’s insurers. The large ...
Typically, when a country’s exports surge, its currency will strengthen, since foreigners will need more of it to pay for the goods they are buying. This process can be economically harmful: in the ...
Chunghwa Telecom (CHT) noted minimal impact from the recent appreciation of the New Taiwan dollar against the US dollar, according to chairman Alex Chien. The company's domestic demand-driven ...
Taiwan Semiconductor Manufacturing Co. (TSMC) reported consolidated revenue of NT$263.709 billion (approx. US$8.11 billion) for June 2025, down 17.7% from May due to the sharp appreciation of the New ...
A strong currency provides economic relief by lowering the cost of imports such as fuel, food, and industrial machinery A stronger currency also benefits indebted countries by reducing the burden of ...