Stocks near flat, yuan dips as China stimulus lift fades
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s ...
NBC Los Angeles17h
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
Dollar hits 14-month low against euro, yuan dips
The dollar hit a 14-month low against the euro on Wednesday as traders bet that the Federal Reserve will make another large ...
US sanctions on Russia double yuan and rouble trading in Kazakhstan
Russian banks and companies are increasingly choosing Kazakhstan for currency operations required to make payments to China ...
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
Interest Rate Divergence Weakens Dollar To 17-Month Low Against Yuan: XPeng, Li Auto Among 4 Stock Movers
The U.S. dollar fell to a 17-month low against the Chinese yuan as the Fed cut rates and the PBoC held theirs, highlighting ...
中国日报网9h
China conducts 300-billion-yuan MLF at lower interest rate
BEIJING - China's central bank on Wednesday conducted a 300-billion-yuan ($42.73 billion) medium-term lending facility (MLF) ...
Shanghai to issue consumption vouchers worth total of 500 million yuan
Shanghai will allocate 500 million yuan about 7114 million US dollars from its municipal budget to issue consumption vouchers for the dining acc ...
Rupee to resume rise on yuan-led Asia rally, Fed outlook
The Indian rupee is expected to open higher on Wednesday, boosted by the broad uptick in Asian peers in the wake of China's ...