CurrenciesGlobal Market: Oil crisis and strong dollar intensify pressure on Asian currencies3 weeks 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 might3 weeks 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 act3 weeks 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 Says2 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 Yuan2 months ago WANA (Apr 17) – Reports indicate that Indian refineries are settling payments for Iranian oil shipments...
CurrenciesThe petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says2 months agoPresident Donald Trump’s war on Iran has raised doubts about America’s superpower status and currency dominance as the Strait of...
CurrenciesInvestors cut short positions on most Asian currencies; yuan bear bets at 21-month low: Reuters poll2 months agoBy Rushil Dutta(Reuters) - Bearish bets on most Asian currencies fell over the past two weeks, a Reuters poll showed...
CurrenciesIs China’s currency coming for the US dollar?4 months agoOn Saturday, Chinese President Xi Jinping made it public: he wants the renminbi, China’s currency, to become a “powerful currency”...
CurrenciesIMF Issues ‘Currency Risk’ Warning As Countries Swap US Dollar Loans Into Yuan: Report7 months agoThe International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan. The...
CurrenciesHow Asia can reduce its dollar dependence8 months agoSINGAPORE – The U.S. dollar remains the world’s leading reserve currency, but recent developments — particularly President Donald Trump’s unilateral...