Searched for
CHINESE YUAN EXCHANGE RATE
Chinese woman buys 196 parking spaces for Rs 20 crore, residents sue after she doubles rental chargesA Chinese woman’s purchase of 196 parking spaces in a residential complex has reignited debate on social media after residents challenged h...
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA interventionThe Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority...
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
Dollar holds near 18-month high as geopolitical risks riseThe US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on en...
Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
A day after Christmas in 2020, a 28-year-old Chinese man lifted his sleeping ex-girlfriend’s eyelids, scanned her iris to unlock Alipay and transferred $24,000 to pay off his gambling debtsA disturbing incident unfolded in Nanning, China, where a 28-year-old man deceitfully stole nearly $24,000 from his ex-girlfriend's Alipay ...
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
Global Market: Chinese yuan dips as dollar gains on Fed hike bets; Trump-Xi talks eyedChina’s yuan weakened against the US dollar as expectations of a near-term Federal Reserve rate hike lifted the greenback, while investors ...
Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loomChina’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight sessi...