Searched for
CHINA CURRENCY
China's Yuan edges higher as exporters' dollar sales offset Fed rate hike betsChina's yuan rose against the US dollar as domestic companies converted foreign earnings into yuan. This seasonal trend occurs before year-...- Global Market Today: Asian stocks gain after Nvidia shakeup, oil steadyThe MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and ...
- Chinese yuan edges higher, but stronger dollar caps gainsThe Chinese yuan strengthened against the US dollar after the People's Bank of China set a firmer daily midpoint. However, gains remained l...
- Alphabet eyes $3 billion Hong Kong, Singapore bond sale, sources sayIn a strategic move, Alphabet aims to raise about $3 billion via bond sales denominated in Hong Kong and Singapore dollars. The target size...
- Chinese yuan remains range-bound as US rate hike bets strengthen dollarThe Chinese yuan edged higher but remained range-bound as a weaker PBOC midpoint and expectations of further US rate hikes limited gains. S...
- HSBC upgrades India, downgrades China. Here are the sectors it likes nowHSBC has upgraded Indian equities to overweight and downgraded mainland China to neutral, citing improved valuations, stronger credit growt...
- Yuan holds firm against dollar as seasonal corporate selling offsets greenback strengthChina's yuan remained stable against the US dollar as seasonal year-end dollar sales by exporters offset greenback strength following robus...
- Gold, silver prices may sway with US-Iran tensionsAs the US-Iran conflict and crude oil pricing remain in focus, bullion prices are set to encounter downward pressure. Key economic data rel...
- China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
- Yuan set for first weekly loss in six weeks as equity rout dents sentimentChina’s yuan headed for its first weekly decline in six weeks as weaker PBOC guidance and a sharp equity selloff hurt sentiment. While the ...
- JP Morgan to add Philippines and Saudi Arabia to key EM bond index over 10 monthsJP Morgan has announced plans to include Saudi Arabia and the Philippines in its emerging market debt index starting in 2027. The Saudi riy...
- Emerging markets lose $33.8 billion in October as investors flee Asian stocksOctober witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all o...
- Toyota raises annual profit outlook by 15% as hybrid demand, weak yen boost earningsToyota Motor raised its full-year operating profit forecast by 15% after reporting a 34% year-on-year increase in quarterly profit, its fir...
- Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priorityIn its shareholders' letter for the July-September quarter, the company said its strategy centred on controlling the entire value chain, fr...
- Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
- Dollar dips with US midterm results in focusThe dollar lost ground against key international currencies as investors anticipated Democratic victories in the upcoming US midterm electi...
- China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
- Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
- Yuan hovers near four-year high as investors eye US midterm electionsChina’s yuan traded near a more than four-year high against the US dollar, supported by expectations of further appreciation. Investors tra...
- Global Market: Chinese yuan hits four-year high, heads for fourth straight monthly gainChina’s yuan reached its strongest level against the US dollar in more than four years, supported by exporter dollar sales, robust exports ...
Load More
