Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...

The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...

Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...

Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...

On today’s Big Take Asia podcast, what would it mean for the global economy if the dollar were no longer king?

The dollar index (DXY00) Thursday fell by -0.41%. The dollar was under pressure after the Chinese yuan rose to a 16-month high against the dollar after the government boosted stimulus measures. Also, ...

The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...

Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon ...

China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support ...

The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to hold policy ...

Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...

Russian banks and companies are increasingly choosing Kazakhstan for currency operations required to make payments to China ...