Shanghai Boosts Convenience for Tourists with Currency Exchange Services
Friday, June 28, 2024Reading Time: 2 minutesShanghai’s foreign currency exchange services now cover all 16 districts, including airports, star-rated hotels,...
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EMERGING MARKETS-Asian currencies decline on Fed rate hike jitters
* Thai baht, China's yuan lead losses * Eyes on Singapore's manufacturing PMI in Feb By Upasana Singh March 2...
China Earnings Pain Erodes Optimism Over Stock Market Rebound
(Bloomberg) -- Investors in Chinese stocks are losing patience as a long-awaited earnings recovery fails to come through and a...
Will the dollar hold up against the BRICS currency?
The IMF warned that the US dollar could experience a decline if the BRICS were to assume control of the...
Khurram Husain on China’s Declining Interest in CPEC – The Diplomat
Great expectations accompanied the launch of the multibillion-dollar China-Pakistan Economic Corridor (CPEC) as the flagship program of President Xi Jinping’s...
Chinese house prices fall at fastest pace in a decade
But Duncan Wrigley, chief China economist at Pantheon Macroeconomics, said these measures do not go far enough.He said: “The re-lending...
Florida property ban has Chinese citizens fuming
After his employer implemented a return-to-office policy last year, Jin Bian decided to cut down his one-hour commute time by...
China Leaves Key Rate Unchanged on Currency Pressure, Liquidity
(Bloomberg) -- China’s central bank left a key interest rate steady for the tenth straight month, displaying caution on monetary...
Russia is holding off on dollar and euro trading altogether as a new round of sanctions kicks in
Russia’s main exchange said it’s halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a...
Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales
Saudi Arabia has opted not to renew its 80-year petrodollar agreement with the United States, which expired on Sunday, 9th June,...
