China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...

Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a ...

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 ...

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 ...

China’s central bank on Wednesday set the yuan midpoint at 7.1693 per dollar, the strongest level since Nov. 8, 2024, which ...

This stance aligns with India’s broader strategy within BRICS, where it balances engagement with the Global South while ...

The U.S. dollar edged lower on Tuesday as President Donald Trump's tariff threats were interpreted more as a negotiating ...

Asian currencies also slumped after the dollar rallied on Trump's sweeping tariffs that impose a 25% levy on Mexican and ...

Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...

Investors are focusing on where China fixes the currency trading band tomorrow for clues as to whether it will seek to weaken ...

The US seems afflicted by a ‘trade deficit disorder.’ Like the fabled grasshopper, it gets not just cheap goods from the ...

Asian equities rebounded, and tariff talk became more bark than bite for Canada and Mexico as the U.S. dollar fell.