JPMorgan closed long yuan positions after a 7.5% rally, rotating into higher-yielding EM currencies following a surprise PBOC ...
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Former Steelers LB James Harrison Makes Sensational Case For Why Mike McCarthy Is Nothing Like His Predecessor
The Pittsburgh Steelers have spent the entire offseason debating whether hiring Mike McCarthy was truly a different direction ...
Photo/Sipa] Despite near-term challenges over growth and geopolitics, the RMB is likely to increase its share in ...
The PBOC injected 7 billion yuan via 7-day reverse repos at 1.4% while its new overnight repo tool and a planned ...
Hong Kong Monetary Authority encourages banks to offer 'holistic' and 'tailored' yuan products to shore up city's role as ...
China's yuan has risen to its strongest level in more than three years, but the gains could hurt exporters and deepen deflation risks.
The White House’s Iran negotiations rely on the dollar’s leverage, but Tehran has blunted that weapon by using alternative ...
China’s yuan is gaining traction as an alternative to the dollar among emerging market reserve managers, according to an ...
For China's yuan to be used more globally, the currency needs more "applications" such as stocks and bonds, Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited, said on a panel Tuesday.
Surging Chinese trade with Africa and lifting of tariffs for most countries on the continent look set to boost yuan use, aiding Beijing's bid to build alternatives to Western finance.
Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment services provider Society for Worldwide ...
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