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According to Reuters, China's onshore Yuan has strengthened, while the Dollar/CNY has fallen to session low of 7.299 The Chinese Film Administration on Thursday said that it would "moderately ...
China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
About half of the respondents to a Taiwan Public Opinion Foundation (TPOF) survey expressed support for the Executive Yuan’s proposed NT$88-billion (US$2.69 billion) package as a response to US ...
China's yuan hit its lowest against the dollar on Thursday since the global financial crisis, with the central bank cutting guidance for the sixth successive trading session amid an intensifying ...
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’s yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting its daily reference rate for the sixth straight session. The ...
Postal Savings Bank of China has announced a commitment to provide no less than 10 trillion yuan in financing to private businesses over the next five years, reinforcing its dedication to ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
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, but any ...
Gold trades above $3,130 as Fed rate cut expectations and yuan weakness drive renewed safe-haven demand. Silver climbs past $31.20, fueled by inflation concerns and its dual role as a hedge and ...
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.