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YUAN DECLINE POLICY
Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank reportDeutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve imp...
China's anti-desertification drive restores 10 million hectares in five years, targets 6.7 million more by 2030China has restored over 10 million hectares of desertified land and nearly 2 million hectares of rocky desertification during the 14th Five...
Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
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...
Indian market faces AI narrative problem; it'll be smallcaps over largecaps for next 5 years: Manish GunwaniIndian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from eme...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
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...
China's central bank asks state lenders to reduce dollar purchases, sources sayAmidst escalating trade tensions with the U.S., China's central bank is actively managing the yuan's value. The People's Bank of China (PBO...
China leaves benchmark lending rates unchangedChina's lending rates were unchanged for the third month in a row, maintaining the one-year LPR at 3.1% and the five-year LPR at 3.6%, as t...
Yuan slides on report China considering weaker unitThe move triggered drops in regional peers, with the New Zealand dollar falling to the weakest in more than two years, while the Australian...
Yuan drops toward record low as China budges in fight with bearsThe PBOC is faced with a daunting task of maintaining the socalled impossible trinity, where it needs to stabilize the exchange rate and pr...
China's state banks seen selling dollars for yuan in London and New York hoursChina's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets ...
China isn't using the yuan to fight tariffsChina appeared to be keeping its currency above the level predicted by the basket.
Love insurance policies in China seem to be betting on the lack of itThe reason for that curious time embargo, it seems, is because insurance actuaries estimate that 98.39% of Chinese couples either break up ...
Yuan weakens beyond year-end estimates as PBOC lowers fixingThe exchange rate in Shanghai retreated 0.2 per cent to 6.7570 per dollar, dropping to a six-year low and extending its third straight week...
Tobin Effect: Offshore yuan fallsThe offshore yuan was set for the biggest two-day decline in six weeks after China’s central bank reduced the currency’s reference rate.
- Yuan to be fully convertible by 2015: China
Chinese officials told European Union business executives that the yuan will achieve full convertibility by 2015