Brics+ reserve currency: Alternative or non-starter for Africa?
By CHRIS ERASMUS The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is as...
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Foreign Investors Shying Away From China’s Commercial Property Market
Foreign investors are shying away from deploying capital to commercial properties in China's beleaguered real estate market, with the remaining players pinning their hopes on niche strategies in areas such as environmentally friendly developments. For the January to June period this year, Chinese families into China's commercial properties -- which includes offices, industrials, hotels, retail and apartments -- totalled $3.3 billion, down 13% from a year ago, according to data from investment research group MSCI. Japan, despite showing a 35% decline in such deals, topped the Asia Pacific market at...
Indian rupee is worst Asian currency in U-turn as yuan carry trades unwind
Mumbai: The Indian rupee is now the worst-performing Asian currency -- a U-turn from being the leader in the first...
Rupee worst Asian currency in U-turn as yuan carry trades unwind | Finance News
Investors had bought the rupee against the yuan in the first half of the year looking to benefit from the...
Carry Trade Rout Extends as Peso, Aussie Sink, Yen and Yuan Jump
(Bloomberg) -- An unwinding of global carry trades is turning into a rout that’s helping jolt markets around the world.Most...
Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and...
Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and...
Middle East Investors Eye Chinese Currency Assets As Ties Deepen
Assets denominated in Chinese yuan have attracted growing interest from Middle East investors. ... (FREDERIC J. BROWN/AFP via Getty Images)AFP...
Chinese top buyers of US property for 11th year, but Canadians dominate volume
In terms of volume, Canadians topped the charts, snapping up 7,100 residential units. The Chinese acquired 6,000 homes in the...
Asian currencies: S Korean won hits two-week low – Business & Finance
BENGALURU: Asian emerging market currencies were on the back foot on Monday against a broadly stronger dollar as investors bet...
