Searched for
CHINESE YUAN
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...
China's robot makers have mastered the moves. Now comes the race for brainsThe shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, l...
China lowers funding costs with shift to overnight policy rateChina's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects sub...
How a Chinese ice cream stall built a 59,000-store empire, surpassed Mcdonald’s in outlets and took its $1 desserts globalMixue has swiftly made its mark in the competitive landscape of affordable desserts and beverages. With a diverse menu featuring soft-serve...
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 ...
Global Market: China’s yuan hits four-year high against dollar after Fed holds ratesChina’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s dec...
Global Market: China's yuan holds near four-year high as markets await Fed decisionChina’s yuan held near a four-year high against the US dollar as investors awaited the Federal Reserve’s policy decision for clues on the U...
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI pushThe rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like...
Global Market: Yuan holds near four-year high as China tempers appreciation paceChina’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and str...
Global Market: China stocks slip as tech shares fall ahead of central bank meetingsChinese stocks declined as technology shares weakened and investors adopted a cautious stance ahead of major central bank meetings and corp...
China now spends 2.8% of its economy on research, passing the OECD average for the first time: Could US science cuts reshape the global AI and semiconductor race?China’s research spending crossed $584 billion in 2025, rising 8.2% in a year. The increase comes as Washington faces debate over federal s...
DeepSeek wrapping up $15 billion fundraising to fuel AI raceBattery maker Contemporary Amperex Technology (CATL) and WeChat operator Tencent Holdings were among the biggest investors in the round, sa...
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Global Market: China's yuan hits more than four-year high against dollarIn a remarkable turn of events, China's yuan has surged against the US dollar, hitting levels unseen in over four years. This strength is l...
Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
China's central bank to boost support for global investors in financial marketsChina's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross-border financ...
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
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....