Madan Sabnavis: There is no alternative to the US dollar as the world’s anchor currency
The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...
Baidu's CEO credits DeepSeek for the push to open-source its own AI model
"One thing we learned from DeepSeek is that open-sourcing the best models can greatly help adoption," said Baidu's Robin Li.
The Guardian Nigeria8h
Yuan weakens to 7.1705 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. In ...
China Internet Information Center16h
Chinese yuan weakens to 7.1705 against USD Wednesday
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 ...
Strong 2024 performance reflects Straumann Group’s strengths in innovation and execution
Annual Results/Quarter Results Strong 2024 performance reflects Straumann Group’s strengths in innovation and execution 19-Feb-2025 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art.
Hang Seng Bank, Hong Kong's Fourth Largest, Is a Listed Subsidiary of HSBC
Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...
Donald Trump’s late-night posts send currency traders to Asian markets
Donald Trump’s return to the White House has been a boon to Asia’s currency markets as traders in the US and Europe respond to his late-night social media posts and announcements by logging on to the ...
Ant Group enters China's growing humanoid robot industry amid rising tech interest
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major ...
China Internet Information Center16h
Market exchange rates in China -- Feb. 19
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 ...
Baidu (BIDU) Q4 2024 Earnings Call Transcript
Operator Hello, and thank you for standing by for Baidu's fourth quarter and fiscal year 2024 earnings conference call. At this time, all participants are in listen-only mode. After management's ...
Foreign direct investment into China falls 13.4% y/y in January
Foreign direct investment into China came in at 97.6 billion yuan ($13.40 billion) in January, down 13.4% from the previous ...
Legit on MSN7h
Again, Naira Appreciates Against US Dollar in Official, Black Market
The value of the Nigerian currency, the naira has recorded another improvement against the US dollar, pound, and euro in the foreign exchange market.