Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after ...
The dollar rose to a four-month high, boosted by the likelihood of a Republican sweep in the U.S. elections, UBS Global Wealth Management said.
SHANGHAI, - China's yuan skidded to a 3-1/2-month low against the dollar on Tuesday, hurt by broad strength in the U.S. currency and persistent market worries over higher tariffs on Chinese goods ...
The outstanding RMB and foreign currency loans amounted to RMB258.18 trillion at the end of October, up 7.5% YoY, the People's Bank of China (PBOC) released its financial statistics report for October ...
"We will adhere to a supportive monetary policy stance and increase the intensity of monetary policy adjustments," a ...
(Bloomberg) -- China’s credit expansion slowed more than expected in ... Companies have been using deposits to pay back loans while consumers stayed cautious about spending. The PBOC has indicated ...
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts' ...
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1786, as compared to Friday's fix of 7.1433 and 7.1813 Reuters estimates. Share: Feed news ...
But interest rates charged by commercial banks show marginal increase By Sanath Nanayakkare The total outstanding market ...
CHINA slashed the daily reference rate for its currency to a level unseen since late 2023, a sign the central bank is ...
China’s central bank unveils a digital yuan payment card with tap-and-scan capabilities, aiming to boost adoption amid competition from WeChat Pay and Alipay.
The team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank ...