Tag: yuan

NEW YORK – Global markets surged following the announcement that Donald Trump would be declared the 47th President of the United States, sending the...

Hong Kong stocks experienced a significant rally on Friday, surging over 3% as traders responded positively to new measures from China aimed at stimulating...

In a recent briefing in Beijing, China's Finance Minister Lan Fo'an announced that the country has 2.3 trillion yuan (approximately $325 billion) in special...

Overview European stocks and US futures remained largely unchanged as traders digested higher-than-expected inflation figures from the US and prepared for the upcoming earnings...

The U.S. dollar (USD) is one of the most widely used currencies in the world, serving as the primary reserve currency and playing a...

European stocks and U.S. equity futures experienced a notable rally on Thursday, buoyed by gains in Asia following China’s commitment to fiscal stimulus and...

Global financial markets reacted positively on Tuesday as a widely tracked stock index reached a record high and copper prices climbed to their highest...

China is contemplating a stock stabilization fund while injecting at least 800 billion yuan (approximately $113 billion) into its struggling equity market. This initiative...

Hong Kong stocks saw their largest leap in 18 months following China's announcement of a substantial stimulus package, which includes 800 billion yuan (US$113.7...

Understanding the significance of reserve currencies and their impact on global finance is essential for investors and policymakers alike. In the ever-evolving landscape of...

The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...

In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...