DBS Suggests Investors Hedge US Dollars and Consider Low-Cost Asian Currencies
SINGAPORE, Jan 13 (Reuters) - DBS Group Chief Executive Tan Su Shan on Monday advised investors with heavy U.S. dollar...
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India’s debt-backed stablecoin challenge to US dollar dominance explained
As governments worldwide debate the merits and dangers of digital currencies, India appears poised to launch its own state-backed stablecoin...
US dollar carry trade defies ‘Sell America’ woes, trounces the world’s stock market booms
The dollar is regaining its crown as one of the world’s most appealing assets, defying talk of a “Sell America”...
Hong Kong prices world’s first government bonds with tokenised settlement
The Hong Kong government priced a record HK$10 billion (US$1.3 billion) tokenised green bond offering on Monday, completing the world’s...
China doubles down on crypto crackdown as central bank vows to expand digital yuan
China on Monday reaffirmed its hardline approach towards virtual currencies at home, warning of the risks of stablecoins, despite growing...
Hong Kong schools ramp up property investment, leasing as city eyes education hub status
Hong Kong’s bid to be an international education hub is spurring investments in the city’s battered commercial property segment, with...
Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Good Morning, Asia. Here's what's making news in the markets:In the lead-up to Seoul's Korea Blockchain Week, discussions about a...
How the RMB is taking over the dollar’s role in global trade
Add ThinkChina as a preferred sourceRMB internationalisation remains an uphill climb. (SPH Media)(By Caixin journalists Ding Feng, Wang Shiyu, Wang Xiaoqing, Zhang Yuzhe, Liu Ran and Denise...
First-mover advantage key to Hong Kong’s success as multicurrency stablecoin hub, says PwC
Hong Kong has a “huge opportunity” to become a global finance hub for multicurrency stablecoins but being a “first mover”...
China is expanding into digital currencies, hoping to promote use of its ‘people’s money’
BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or...
