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The head of China's central bank pledged to expand the international use of the digital yuan and called for the development ...
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The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from supporting the yuan to guarding against the risk of a rapid appreciation.
Chinese stocks are expected to benefit from further gains in the yuan, which has been showing resilience amid the country’s trade spat with the US, according to strategists at Goldman Sachs ...
China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest push for the use of the currency as the world grapples with the ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
A majority of the justices on the Constitutional Court have voted to accept the Control Yuan’s petition for a constitutional judgement on this year’s central government budget, the Judicial Yuan said ...
In Asia, more transactions are being conducted in Chinese yuan, followed by the euro and Emirati dirham in select bilateral arrangements, he added.
Every 1% appreciation of the yuan versus the dollar can boost Chinese equities by 3% thanks to factors including improved corporate earnings outlook and stronger foreign inflows, strategists ...
Control Yuan Secretary-General Lee Chun-yi (李俊俋) resigned on Sunday night, admitting that he had misused a government vehicle, as reported by the media. Control Yuan Vice President Lee Hung-chun (李鴻鈞) ...
In a recent earnings call, Zoom CEO Eric Yuan, used his AI avatar to address those tuned in. The avatar replaced the usual camera footage of Yuan talking to a webcam, with a slightly surreal ...
The Chinese yuan’s onshore USD/CNY pair edged 0.1% lower to its lowest point since early November 2024. The Australian dollar’s AUD/USD pair rose 0.3%.