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.
China to inject $142 billion capital into top banks
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
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 redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party ...
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 ...
European shares jumped on Thursday, buoyed by optimism in Asia following news that China is considering capital injections ...
The yuan rose to a 16-month high against the U.S. dollar. On Thursday, China's leaders pledged to support the struggling ...
A look at the day ahead in Asian markets. Asian markets could lose steam on Thursday following a sluggish performance on Wall ...
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