Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
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 ...
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...
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 ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
(Reuters) - China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a ...
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
HONG KONG (Reuters) - China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, ...
China's yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus ...