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...
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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,...
China’s currency is not as influential as once imagined
Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at...
Argentina renews US$5 billion currency swap with China
Argentina’s Central Bank renewed a US$5 billion tranche of the currency swap it has with its Chinese counterpart, US$3 billion...
