To allow for currency swap and Yuan settlement to play their respective roles. The Chinese proxy, the Australian Dollar (AUD) is unperturbed by these headlines. AUD/USD is trading 0.50% firmer on the ...

The UK’s sovereign rating has remained resilient to recent economic crises, underpinned by the country’s institutional ...

The UK’s sovereign rating has remained resilient to recent crises. But greater structural risks in the UK government bond ...

Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile ...

BEIJING - The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, ...

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Net revenues were RMB26.7 billion (US$3.7 billion), a decrease of 1.4% compared with the same quarter of 2023. Games and related value-added services net revenues were RMB21.2 billion (US$2.9 billion) ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.

Adjustment of daily fixing seen as one way to resist depreciation pressure China's central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the ...

The US gold price is converted to the currency in that country based on the current exchange ... principle and forget that it has real impacts on real people. Federal Reserve Chairman Jerome Powell ...