As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...

BEIJING, Feb. 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 7 pips to 7.1712 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

US-listed stock surged more than 8% Thursday after the Chinese tech giant reported quarterly earnings ahead of Wall Street's ...

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 ...

China's Alibaba Group Holding on Wednesday topped Wall Street expectations for third-quarter revenue, on strong year-end ...

In the past, the Middle East and Asia had significant current account surpluses by exporting a large amount of oil and ...

USD/CNY eased on Thursday as Chinas yuan firmed as investors digested the latest monetary policy decision from the Peoples ...

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BEIJING, Feb. 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange ...

Alibaba on Thursday flagged plans to invest more in its "core businesses" of e-commerce and AI-powered cloud computing after ...

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 company increased its R&D investment by 14% to $621 million and just reported Q3 FY24/25 results with revenue growing 20% ...