News

Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
China's plan to facilitate cross-border financial services will help promote greater international usage of the yuan, a ...
A gauge of the offshore yuan’s borrowing cost in Hong Kong dropped to the lowest since data became available in 2013, putting ...
The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan, but potential ...
The Indian rupee's winning run is likely to halt on Tuesday, pressured by a drop in Asian currencies stoked by the Chinese ...
The People's Bank of China (PBoC) is pushing state-owned enterprises to use the currency for international payments, ...
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
For the US, finding alternatives to Chinese suppliers - especially in high-tech sectors and rare earths - will not be easy, ...
VCG. China's Ministry of Finance (MOF) on Wednesday issued yuan-denominated sovereign bonds worth 12.5 billion yuan ($1.71 ...
SHANGHAI: China’s yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained ...
Fudan University's alumni couple Li Ping and Liao Mei has made a one-time donation of 1 billion yuan ($137 million) to their ...
Washington’s policies seen opening door to greater yuan internationalisation, undermining but not removing US dollar’s dominance in global trade.