The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life. The offshore yuan slid as much as 0.3% while ...
The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his inaugural address, with analysts forecasting the currency would ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...
The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the island’s ...
The Chinese yuan is set to depreciate further against a stronger U.S. dollar — but the question of how far and how fast the yuan will fall largely depend on Beijing's desire to limit volatility ...
SINGAPORE, Jan 17 (Reuters) - Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that ...
(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...
SHANGHAI/HONG KONG -- Investors are bracing for a gradual weakening of the Chinese yuan against the U.S. dollar as the Chinese central bank's aim of keeping the currency stable faces pressure from ...
The Legislative Yuan yesterday on third reading passed the central government budget for this year, cutting 6.6 percent from the Executive Yuan’s proposed expenditure — the largest in history. The ...
SHANGHAI/HONG KONG, Jan 21 (Reuters) - Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty trade tariffs at his ...
Its digital yuan and the Multiple Central Bank Digital Currency Bridge (mBridge) platform represent significant technological advances that could accelerate change by offering more efficient ...