The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
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Iron ore price jumps to over three-week high on China stimulus, soft global supply
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 4.19% higher at 709 ...
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
China's central bank unveils most aggressive stimulus since pandemic
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the ...
Stock surge in US$592 billion rally as investors ‘gobble up’ China’s stimulus package
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country's central bank announced a broad stimulus package. Alibaba, JD.com, and ...
Rupee to resume rise on yuan-led Asia rally, Fed outlook
The Indian rupee is expected to open higher on Wednesday, boosted by the broad uptick in Asian peers in the wake of China's ...
Shanghai unveils 500-million-yuan voucher plan to boost consumption after stimulus package
E-coupons will offer anyone in Shanghai discounts on a wide range of purchases, from hotels and movies to restaurants and ...