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...
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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...
China’s Yuan Makes up Nearly 100% of Russia Foreign Exchange Market
The Chinese yuan made up 99.6% of Russian foreign exchange market in June, Bloomberg reported.This comes after the dollar and...
Putin’s Top Banker Issues Somber Warning on Chinese Currency
Russia may not be able to rely on the Chinese currency as initially hoped, as Beijing's banks are forced to...
Russia is holding off on dollar and euro trading altogether as a new round of sanctions kicks in
Russia’s main exchange said it’s halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a...
Dollar or Yuan? We asked ChatGPT-4o which is the strongest currency for 2024
As global markets navigate complex economic landscapes, investors are keen to determine which currency will hold the strongest position in...
De-dollarization: Fed governor highlights debate amid concerns about dollar dominance
That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers...
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan
This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck...
Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It...
Why USD Is the World’s Reserve Currency
The currency is big, stable and entrenched in the global economy — which is also why it’s become a compelling...
