China fixed the renminbi at its lowest level since September 2023 as a stronger US dollar, investor disappointment over the ...
China’s Vice-Premier He Lifeng says Hong Kong will further deepen financial reform and innovation to enhance its financial ...
In support of renminbi internationalization, Beijing announced plans to develop Shanghai as a global financial center and established offshore yuan trading hubs in Hong Kong, Singapore and London.
"Focus on Trump trade proxies, bitcoin and the renminbi to gauge how the election is preceding," he advised clients in a Tuesday note. Trump is seen as bullish for bitcoin, as he has made wide-ranging ...
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation ...
A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
Alibaba Group's (BABA) fiscal second-quarter earnings declined less than expected but sales fell short of Wall Street estimates while the company's Cloud revenue grew year over year. The Chinese ...
Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) crossed above its fifty day moving average during trading on Thursday .The stock has a fifty day moving average of $44.25 ...
Market Vectors Chinese Renminbi/USD ETN Trading Up 1.4 % The company’s 50 day moving average is $44.25 and its 200-day moving average is $44.25. Featured Stories ...
Live news: China fixes renminbi at weakest level in more than a year on facebook (opens in a new window) Live news: China fixes renminbi at weakest level in more than a year on linkedin (opens in ...