CurrenciesHKMA urges banks to widen scope of yuan use as currency’s global reach expands3 weeks 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 day4 weeks agoThe People’s Bank of China set the yuan’s midpoint rate – which guides onshore market trading within a 2 per...
CurrenciesLagarde Urges G7 to Address Chinese Currency Undervaluation Amid Trade Imbalances – News and Statistics4 weeks agoJun 22, 2026 China has denied that it manipulates its currency for trade advantage, but its growing trade surpluses are...
Currencies95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll1 month agoThe global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains traction, according...
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...
CurrenciesGlobal Market: Oil crisis and strong dollar intensify pressure on Asian currencies2 months agoAsian policymakers are stepping up emergency measures to protect their economies from the growing fallout of the global energy supply...
CurrenciesChina will continue stagnating as an ‘incomplete superpower’ until it can match U.S. financial might2 months agoPresident Donald Trump’s summit with Chinese counterpart Xi Jinping ended last week without a major breakthrough, but still achieved Beijing’s...
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...
CurrenciesYuan to Surpass Yen in Global Currency Options Trading, LCH Says3 months ago(Bloomberg) -- The yuan is on track to overtake the yen as the second-most traded currency against the dollar in...
CurrenciesIndia Settles Payments for Iranian Oil in Yuan3 months ago WANA (Apr 17) – Reports indicate that Indian refineries are settling payments for Iranian oil shipments...