Tag: yuan

Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...

Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...

SINGAPORE – Financial markets reacted positively to President-elect Donald Trump's selection of Scott Bessent as U.S. Treasury Secretary, with bond prices rising and the...

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...