This is mainly because of the ongoing trade war with the United States and the weakening of the Chinese currency, the Yuan. Yuan at 17-Year Low On Wednesday, the Chinese Yuan dropped to its lowest ...

China will have to respond to underpin the economy with the yuan close to 19-year lows. The consensus is that China will opt for gradual yuan depreciation rather than a on-off devaluation ...

Ray Dalio has some advice for President Donald Trump and his administration for tariff and trade negotiations with China, which he expects would result in a “win-win” outcome. “This is a ...

China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.

HONG KONG, April 9 — China’s yuan ended at its weakest level in more than 17 years today after its offshore counterpart fell to a record low overnight, as an escalating Sino–US trade war rattled ...

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...

The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after US President Donald Trump's "reciprocal" tariffs kicked in, opens new tab, including a ...

A clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] By disrupting global trade and triggering recession risks, the United States' new tariff push may have ...

The offshore yuan languished near record lows struck overnight in early trading on Wednesday, as investors fretted about intensifying Sino-US trade tensions and the impending 104 per cent tariffs ...

SINGAPORE/HONG KONG (Reuters) - China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S ...