CurrenciesOpinion | Markets, not politics, will make China’s yuan a global currency21 hours agoThe yuan’s next global push will fall short if it is treated as persuasion. The test is not whether Beijing...
CurrenciesHKMA urges banks to widen scope of yuan use as currency’s global reach expands1 week agoHong Kong’s financial authorities on Thursday outlined a road map to deepen the use of the yuan in corporate financing,...
CurrenciesChina’s central bank sets weaker yuan midpoint against US dollar for third day3 weeks agoThe People’s Bank of China set the yuan’s midpoint rate – which guides onshore market trading within a 2 per...
CurrenciesThe future of Asian finance may be built in local currencies4 weeks agoThe global financial system is entering a period of profound transformation. Geopolitical tensions, supply chain realignments and increasingly volatile capital...
CurrenciesHong Kong, Indonesia move towards direct transactions in yuan, rupiah1 month agoThe People’s Bank of China, Hong Kong Monetary Authority (HKMA) and Bank Indonesia signed an agreement on Thursday to create...
CurrenciesCan currency swaps make China a lender of last resort? Ex-PBOC official weighs in2 months agoChina should position itself as an international lender of last resort to help out in global emergencies and expand use...
CurrenciesMilei guts China currency lifeline after Trump ultimatum on financial ties: reports2 months agoArgentina is on the verge of settling its debt with China’s central bank, winding down a currency lifeline that kept...
CurrenciesAs China’s yuan emerges as a global currency, Beijing faces a balancing act2 months agoAs the yuan’s exchange rate hovers near a three-year high against the US dollar, an article by China’s top foreign...
CurrenciesChina doubles down on crypto crackdown as central bank vows to expand digital yuan9 months agoChina on Monday reaffirmed its hardline approach towards virtual currencies at home, warning of the risks of stablecoins, despite growing...
CurrenciesStablecoins Offer Beijing What e-CNY Can’t in Cross-Border Use, Economist Says11 months agoGood Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories...