Chinese Yuan Can’t Replace US Dollar as Global Reserve Currency
BRICS member China is looking to make the Chinese yuan the world’s reserve currency by toppling the US dollar. China...
archiveChina
The Chinese Yuan Will Never Replace the US Dollar as the World’s Reserve Currency
It has recently been in the news that Saudi Arabia is in talks to price its oil sales in the...
Emerging Currencies Clock Best Week of 2024 in Wake of Selloff – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies posted their best week of 2024, rebounding from Monday’s brutal selloff with a bang as concerns...
Safe-Haven Currencies Edge Higher, But Momentum Weak
As we move into US session, safe-haven currencies like Yen, Swiss Franc, and Dollar are showing modest gains, driven by...
EMERGING MARKETS-Taiwan stocks skid as tech rout extends; Asian currencies range-bound
(.) * Taiwan stocks eye worst day in 3-mths * Taiwan dollar at over 8-year low * Asian equities largely...
China Internet Data Center Investment Report 2024-2029 Featuring Major DC Investors, Support Infrastructure Providers, IT Infrastructure Providers, and Construction Contractors & Sub-Contractors
Company LogoChinese Internet Data Center MarketChinese Internet Data Center MarketDublin, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The "Internet Data Center...
Emerging Stocks Resume Drop on Tech Decline; Currencies Rebound – BNN Bloomberg
(Bloomberg) -- Equities in emerging markets resumed their decline after a two-day respite as Asian technology stocks continued to suffer....
Brics+ reserve currency: Alternative or non-starter for Africa?
By CHRIS ERASMUS The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is as...
Carry Trade Out of Danger Zone But Watch Yuan, Citi Quants Say – BNN Bloomberg
(Bloomberg) -- China’s yuan is more at risk of being squeezed by the unwind of global carry trades as positioning...
Global Carry Trade Unwind Extends as Peso Drops, Yen Gains – BNN Bloomberg
(Bloomberg) -- An unwinding of global carry trades is helping to jolt markets around the world.The yen and yuan pushed...
