Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
China’s yuan has gained about 0.6% against the dollar this week as Beijing unveiled its biggest stimulus since the pandemic ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon ...
BEIJING, Sept. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 253 pips to 7.0101 against the U.S. dollar Friday, according to the China Foreign ...
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support ...
Driven by the recovery of offline consumption, cost-cutting measures in businesses, and the emergence of new technological concepts, China's media industry experienced positive growth in 2023 with a ...
The dollar was under pressure after the Chinese yuan rose to a 16-month high against the dollar after the government boosted ...
African governments and traders are increasingly turning to the Chinese yuan, or renminbi, to settle financial transactions with China, bypassing the U.S. dollar to save on costs, said Victor Murinde, ...