News

Labubu and the broader "toys and trendy collectibles" category saw six brands exceed the $83.4 million sales mark during this ...
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the ...
ECB chief Lagarde questions future dollar dominance Trump's tariffs, trade disruption, and weakening multilateral norms are ...
IF EVER there were a country that needed to borrow at preferential interest rates, it is the US with its mounting debts, ...
As global markets continue to navigate uncertainty driven by shifting tariffs, geopolitical tensions, and diverging central ...
The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on the trade relations between China and the United States. US and China trade ...
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has ...
Generally, people seem open to it, but they also don’t see many good alternatives. The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy ...
Financial Secretary Paul Chan on Friday said Hong Kong is speeding up the inclusion of renminbi counters in the Southbound Stock Connect programme ...
The debate about de-dollarization and renminbi internationalization is often muddled. Some analysts make maximalist claims about whether the dollar’s dominance will persist or perish. Others make ...