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’S central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
China's yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus ...
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait ...
Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind ...
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...
European shares jumped on Thursday, buoyed by optimism in Asia following news that China is considering capital injections ...
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