India and Indonesia ink pact to use local currencies in bilateral transactions
On Thursday, the Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) in...
archiveChina
Changes are scrapped to a controversial law restricting people from China from owning Florida land
USA and China flags. Illustration by ffikretow via iStock for WMNF News. By Jim Saunders ©2024 The News Service of...
Chinese Yuan’s Future: Will it Rise or Fall?
Factories in Vietnam, like this one, are now competing with Chinese manufacturers in terms of price and quality. The point...
Chinese investors rush abroad, hitting outbound investment limit
By Summer Zhen and Samuel ShenHONG KONG/SHANGHAI (Reuters) - Chinese money is pouring into funds invested in offshore assets at...
Tech Sends Asian Stocks Higher Ahead of China Meet: Markets Wrap
(Bloomberg) -- Stocks in Asia broadly advanced on rallies in some of the world’s largest technology companies during a week...
Short positions in China stocks shrink after regulatory crackdown
Signage for the Shanghai Stock Exchange in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024.Bloomberg |...
Short positions in China stocks shrink after regulatory crackdown
Signage for the Shanghai Stock Exchange in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024.Bloomberg |...
BRICS eyes settlements in national currencies
Most countries at a meeting of BRICS finance ministers and central bank governors supported the departure from the dollar, agreeing...
Long Read: The beginning of the end for the US dollar’s global dominance.
Professor Robert Wade writes that the weaponization of the dollar and the dollar payments system against countries such as Russia...
Bitcoin Price (BTC) Hits All-Time High Versus Yen, Pound, Yuan
While bitcoin remains shy of its November 2021 all-time high in U.S. dollar terms, it has already breached record highs...
