The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck with dollar dominance as no other currency can take over its role.

BEIJING, Feb. 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1705 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China's ...

Chinese animated blockbuster Nezha 2 overtook Pixar's Inside Out 2 on Tuesday to become the highest-grossing animated film ...

Search engine giant Baidu reported quarterly revenue down by about 2%, as a slow Chinese economy forces small businesses to ...

The People's Bank of China, the country's central bank, said on Friday that the country's aggregate social financing — the ...

Following the release of Marc Fogel and signs of negotiations between Russia and the US, he dies lives a historic discharge. Understand how war in Ukraine influences global markets Rublo jumped to ...

The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau.

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...

The Hong Kong Monetary Authority’s (HKMA) recently outlined plans to allow Bond Connect investors to repo their Chinese bond holdings in the offshore market signals progress towards opening the ...