USD/CNY rose on Wednesday as Chinas yuan weakened following the announcement of new tariff plans from US President Donald Trump. Trump told reporters on Tuesday that tariffs on pharmaceuticals and ...
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. In ...
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major ...
Foreign direct investment into China came in at 97.6 billion yuan ($13.40 billion) in January, down 13.4% from the previous ...
SHANGHAI: China’s yuan slipped against the dollar on Wednesday, dragged lower by rising buying interest in the greenback ...
Nezha 2 has become the highest-grossing animated film globally, surpassing Pixar's Inside Out 2. With earnings of 12.3 billion yuan, it is the eighth highest-grossing film overall. Predominantly ...
The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened five pips to 7.1697 against the dollar on Tuesday. This is according to the China Foreign Exchange Trade System.
Retail investors play a big role in China’s daily stock price changes, often influenced by emotions and biases. Read more ...
China’s central bank governor said a steady yuan has contributed to the stability of global financial markets and economies ...
In terms of monetary policy, the People's Bank of China, the central bank, has said that it will implement a "moderately ...
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan ...
The New Cold War race for digital currencies could redefine global power. Should Australia be in it?
What are central bank digital currencies (CBDCs), and why are they crucial to the future of global power? A new book explains ...
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