The People’s Bank of China (PBC) on Thursday issued 250 billion yuan ($35.24 billion) of seven-day reverse …
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BanksFeatureInternational NewsMoneyNews
China’s c. bank widens yuan gap to prevent currency decline
by Nada Aliby Nada AliChina’s central bank set the yuan fixing at a wider gap against Reuters’ estimate, the largest in …
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FeatureInternational NewsNewsStocksWorld
Wall Street banks warn of potential sell-off in Japan’s stocks
by Nada Aliby Nada AliJapanese top-performing stocks are facing a potential sell-off due to overcrowded long positions in liquid and large …
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FeatureInternational NewsNewsStocksWorld
Japanese stocks edge up on Wednesday
by Nada Aliby Nada AliJapanese stocks rose on Wednesday as the yen weakened to its lowest level since 1990, while Chinese …
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BanksFeatureInternational NewsMoneyNews
China c. bank conducts 150b yuan of reverse repos
by Nada Aliby Nada AliThe People’s Bank of China (PBC) conducted 150 billion yuan ($21.14 billion) of seven-day reverse repos at …
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BanksFeatureInternational NewsNews
China PBC offers bill swap to boost liquidity
by Nada Aliby Nada AliThe People’s Bank of China (PBC) conducted a central bank bills swap (CBS) operation on Tuesday to …
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The Indian rupee rose on Tuesday due to central bank intervention and a stronger offshore Chinese yuan.
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Asian shares slip amid Fed’s mixed messages
by Nada Aliby Nada AliAsian equities faced challenges on Tuesday due to conflicting messages from US monetary policymakers and uncertainty surrounding …
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The yuan is emerging as a preferred funding currency for carry trades in the global market, following …
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FeatureStocksWorld
Asian markets hesitate amid US inflation concerns
by Aya El Sayedby Aya El SayedAsian markets showed hesitation on Monday as fears over US inflation data threatened to upset the trajectory …