Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
On today’s Big Take Asia podcast, what would it mean for the global economy if the dollar were no longer king?
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
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 ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to hold policy ...
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, ...
Zoom Video Communications Inc. CEO Eric Yuan announced at the Concordia Summit in New York on Wednesday that AI will soon ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...