It is impossible for a currency to become the standard denomination for international ... Yet China’s renminbi does not, owing to Beijing’s careful management of the exchange rate and capital ...

CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US dollar’s global allure dimmed and Sino-US trade tensions ...

[HONG KONG] The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even as the US dollar weakens. The ...

SINGAPORE/SHANGHAI – Chinese stocks rallied and the renminbi strengthened on May 12, after the United States and China said they had agreed to a deal to slash reciprocal tariffs in a substantial ...

HONG KONG – Some Chinese exporters are speeding up conversion of their US dollar income into renminbi on bets that the worst of the tariff-led loss in the local currency may be over. In a ...

It added: “Most of the Nigerian pilgrims are not conversant with foreign currencies, especially US dollars and Saudi Riyals, and can hardly identify the value of each denomination unless they ...

Upon the passing of Pope Francis, Chicago-born Cardinal Robert Francis Prevost was elected to succeed him as Pope Leo XIV. The conclave to elect the new pontiff began on May 7. The election of the ...

Federal judge blocks Trump order that could disenfranchise millions of voters Southwest Airlines Debuts Major Change to Improve Comfort Thousands of Californians just got surprisingly large ...

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] Despite facing a substantial external demand gap caused by US tariffs ...