ECONOMYNEXT – Sri Lanka has renewed a $1.4 billion worth Yuan currency swap with China during the official Beijing visit of President Anura Kumara Disanayake, a joint statement by the both countries ...

TAIPEI (Taiwan News) — The Taiwan dollar is reportedly poised to replace the Chinese yuan as the top funding currency in Asia. The Sharpe ratio, a financial metric for risk-adjusted returns, shows ...

China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.

The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy. The central bank has ...

The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the island’s ...

BEIJING: China ramped up its support for the yuan with a warning and tweaks to its capital controls after the currency dropped close to a record low against the US dollar in offshore trading.

China's imports and exports grew by 5 percent year-on-year in 2024 to reach 43.85 trillion yuan ($5.98 trillion), with the total foreign trade volume setting a new record high, according to data ...

(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...

SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...

While 2024 was all about vintage watches and expensive alarm clocks, different status symbols are taking over in 2025. Home decor is now all about stained-glass lamps and $600 calendars.

SHANGHAI (Reuters) - China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been ...