China devalued the yuan on Tuesday after a run of poor economic data, guiding the currency to …
"yuan"
-
-
The U.S. dollar lunged higher on Tuesday as China allowed its yuan to fall to three-year lows, …
-
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF) labels …
-
China pushes to win an arcane currency status bestowed by the International Monetary Fund, that is driving …
-
forex news
Dollar climbs as Yuan slides after Rate Cut; Oil retreats
by Yomna Yasserby Yomna YasserThe dollar rallied, climbing to a two-year high versus the yuan after China’s interest-rate cut underscored diverging …
-
Tech news
Samsung Electronics, China Trade Deal Give Boost to South Korea’s yuan Hub Ambitions
by Salma Aymanby Salma AymanTech giant Samsung Electronics gave a big boost on Wednesday to Seoul’s ambitions to become a global …
-
Chinese stocks broke a five-day winning streak on Tuesday, as Hong Kong and Shanghai markets both pulled …
-
The dollar steadied against its rivals in Asian trade on Tuesday with major currency pairs sticking to …
-
forex news
Yuan Passes Euro as Second-Most Used Trade-Finance Currency
by Yomna Yasserby Yomna YasserChina’s yuan overtook the euro to become the second-most used currency in global trade finance in 2013, …
-
With a shift in tone and language, China’s central bank governor has dangled the prospect of speeding …