Chinese yuan surged to a 16-month high
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
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Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
European shares jumped on Thursday, buoyed by optimism in Asia following news that China is considering capital injections ...
China said it will give one-off cash handouts to residents facing hardship and vowed more benefits for some unemployed people.
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...
The yuan rose to a 16-month high against the U.S. dollar. On Thursday, China's leaders pledged to support the struggling ...
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