Nasdaq sinks over 2% as China curb risk rattles techs
New residential construction picked up in June as builders focused on scaling up multifamily projects.Housing starts rose 3% to a...
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Bullish bets on most Asian currencies climb on vaccine hopes, China stability
By Anushka Trivedi(Reuters) - Investors raised their long bets on the Chinese yuan and most other Asian currencies, a Reuters...
China, Kazakhstan central banks to cooperate on digital currency – Ledger Insights
Last week China’s President Xi Jinping visited Kazakhstan.The Chinese government reported that the country supports Kazakhstan becoming a member of...
Chinese stocks mired in ‘secular bear market’, says top Morgan Stanley strategist
“Hong Kong and China equities, onshore and offshore, may be in a secular bear market,” he said in an interview....
Chinese, Indian stocks favoured over Japan in Asia’s second half
Equities in China and India are being touted as potential outperformers in Asia in the second half of the year...
Putin’s Top Banker Issues Somber Warning on Chinese Currency
Russia may not be able to rely on the Chinese currency as initially hoped, as Beijing's banks are forced to...
China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the...
The US Needs A Weak Currency, Which Will Be A Tailwind For Commodities
Historically, a strong US dollar has been a blessing for America’s consumption-driven economy. We are entering a period, though, where...
U.S. dollar is only winner from China-West trade war
The only “winner” from a possible all-out trade war between the West and China will probably be the U.S. dollar.Uncertainty...
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,...
