China’s Yuan Displaces Other Top Global Currencies in Trade, but Not Dollar
The yuan's growing use is chipping away at second-tier currencies, such as the pound, ING said. China's share of global...
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The Future of Dollar Hegemony
Exorbitant Privilege The U.S. dollar has dominated global financial markets since the end of World War II. Almost 60 percent...
Peek inside this US$281 million Hong Kong mansion, up for sale: the 11-bedroom, 8-bathroom family home in Repulse Bay spans a whopping 18,270 sq ft, with both beach and mountain views
The property has around 11 bedrooms. Photo: Habitat PropertyThe site, previously occupied by a five-story block of flats, was bought...
Peek inside this US$281 million Hong Kong mansion, up for sale: the 11-bedroom, 8-bathroom family home in Repulse Bay spans a whopping 18,270 sq ft, with both beach and mountain views
The family home at The Repulse Bay, Hong Kong. Photo: Habitat PropertyThe 18,270 sq ft house in the city’s upmarket...
Prospects for the yuan unseating the dollar – GIS Reports
China has made significant progress in strengthening the yuan’s status, but it will not soon become the dominant global reserve...
Emerging economies are pushing to end the dollar’s dominance. But what’s the alternative?
ABUJA, Nigeria (AP) — Business has vanished at Kingsley Odafe’s clothing shop in Nigeria’s capital, forcing him to lay off...
India Uses Rupees to Buy Oil From the UAE
India bought 1 million barrels of oil from the United Arab Emirates using its own currency instead of US dollars....
Economist: BRICS common currency is a ‘ridiculous’ idea
Chinese President Xi Jinping attends a meeting with U.S. Secretary of State Antony Blinken (not pictured) at the Great Hall...
Economist: BRICS common currency is a ‘ridiculous’ idea
In their push to dethrone the U.S. dollar as the world’s largest reserve currency, the BRICS nations—or Brazil, Russia, India,...
CBDC Explained: What Is a Central Bank Digital Currency
Money is undergoing its biggest reinvention in centuries. With many consumers abandoning physical cash and cryptocurrencies evolving fast, central banks...
