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, ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
China's yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus ...
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...
The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to hold policy ...
Russian banks and companies are increasingly choosing Kazakhstan for currency operations needed to conduct payments with ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...