There were lots support points around the yuan today. Onshore media stated the PBoC would keep the currency basically stable and has a number of tools to deal with depreciation. The CNY fixing bias ...
China reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
Local actor-host Ben Yeo will be closing his Chinese restaurant Tan Xiang Yuan after two years of operation. The 46-year-old said that the business, which is located in a two-storey conservation house ...
China's stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to ...
China's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite ...
The dollar strayed not too far from a two-year peak on Monday as traders awaited a raft of U.S. economic data releases this week, headlined by December's nonfarm payrolls report, for further clues on ...
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
JD.com is a leading e-Commerce company in China, poised to benefit from Beijing’s stimulus package aimed at boosting consumer ...
An economic downturn is supposed to drive spending on small luxuries like going out to the movies. But the world’s ...
The Chinese automaker BYD, which makes fully electric and hybrid vehicles, just announced record sales for the year.
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: ...