A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
14 May, 2026, 09.15 PM IST
Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
14 May, 2026, 03.00 PM IST
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
08 May, 2026, 12.45 PM IST
AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
02 May, 2026, 01.59 PM IST
China sells first 30-year special bonds at 2.2%, lowest since November 2025China's finance ministry successfully auctioned 30-year special government bonds at a 2.20% yield, the lowest since November 2025. This ref...
24 Apr, 2026, 09.47 AM IST
War hits Indian factories, but yarn makers spin export boom to ChinaIndian cotton yarn factories are increasing output to meet unprecedented demand from China. Disruptions from the Middle East war have impac...
23 Apr, 2026, 07.48 AM IST
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
19 Apr, 2026, 06.00 AM IST
Indian refiners pay for Iran oil in yuan via ICICI Bank, sources sayIndian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank's Shanghai office. Indian Oil ...
17 Apr, 2026, 02.15 PM IST
The Chinese Yuan’s Appreciation: Implications for the Indian rupeeThe yuan’s recent rally can largely be attributed to the softening of the US dollar. The dollar's slide was sparked by several factors, inc...
29 Aug, 2024, 03.48 PM IST
Fed cuts may send $1 trillion FX ‘avalanche’ to China, Jen saysThe possibility of the Chinese yuan increasing in value is looking even more likely now that Federal Reserve Chairman Jerome Powell has sig...
27 Aug, 2024, 06.33 PM IST
What is the Chinese yuan carry trade and how is it different from the yen's?A global sell-off in markets due to unwinding yen-funded carry trades has put China's yuan in the spotlight. Despite a 2% rise against the ...
13 Aug, 2024, 03.56 PM IST
China's yuan leaps to 7-month high, led by stronger yen, unwinding of carry tradeThe Chinese yuan reached its highest point against the U.S. dollar in seven months due to a stronger Japanese yen and investors reversing c...
05 Aug, 2024, 10.14 AM IST
Rupee ends at record low, traders expect gradual depreciation to persistThe Indian rupee declined to a record low at 83.7250 against the USD, pressured by dollar demand from oil companies, custodial banks, and w...
26 Jul, 2024, 03.58 PM IST
China's yuan ends at new 26-month low in busy week for global cenbank meetingsHowever, the official guidance came in firmer than market projections, traders and analysts said, continuing a trend seen since late August...
19 Sep, 2022, 03.03 PM IST
China studies yuan devaluation as a tool in trade spat with the USSenior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the government.
10 Apr, 2018, 09.36 AM IST
- McDonald's to issue yuan bonds in Hong Kong
Fast food giant McDonald's said Thursday it will issue almost 30 million US dollars worth of yuan-denominated bonds in Hong Kong.
19 Aug, 2010, 02.27 PM IST
- Carry traders look for alternative bets
Singapore Dollar looks attractive as next funding currency for carry trades because of its lower volatility.
18 Jul, 2007, 04.13 AM IST