Tag: yuan
Asian Stocks Soar to Two-Month Highs Amid US Inflation Retreat and Surprising China Data
Jennifer -
Asian stocks surged to two-month highs on Wednesday, buoyed by expectations of Chinese stimulus measures and signs of a halt to rate hikes in...
Gellec Shifts Focus to Hong Kong IPO Amidst Changing Plans
Jennifer -
Hebei Gellec New Energy Science & Technology Co., a prominent Chinese battery manufacturer backed by electric vehicle giant BYD Co (SZ:002594), is contemplating an...
European Stocks Rise as U.K. Inflation Slows Before Fed Decision
Jennifer -
European stock markets showed upward momentum on Wednesday, buoyed by a slowdown in U.K. inflation, while market participants awaited the latest monetary policy pronouncements...
What is the chinese stock market index: A Complete Overview
Jennifer -
The Chinese stock market is one of the largest and most dynamic in the world, attracting investors from across the globe. Central to understanding...
PBOC Implements Modest Reduction in One-Year Loan Rate
Jennifer -
The People's Bank of China (PBOC) has announced a slight reduction in its one-year loan prime rate by 10 basis points, bringing it down...
Which country has highest forex reserves: Unveiling the Global Financial Powerhouse
Jennifer -
In the realm of international finance, foreign exchange reserves, commonly known as forex reserves, stand as a vital indicator of a country's economic strength...
Dollar Gains Ground in Anticipation of Crucial Inflation Figures
Jennifer -
The U.S. dollar exhibited a resurgence during early European trading on Monday, rebounding from its previous losses sustained following Friday's payrolls data release. This...
Asian Currencies Decline Amidst Dollar and Yield Upsurge Ahead of Inflation Figures
Jennifer -
Most Asian currencies witnessed a downturn on Monday, as the dollar gained strength and Treasury yields firmed in anticipation of pivotal inflation data from...
Marketmind: Asian markets face tough act to follow
Jennifer -
A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist. Goodbye, July. Asian stocks could be in for a bumpy start...
Yen eyes first monthly gain since March; dollar headed for monthly loss
Jennifer -
The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened...
China manufacturing PMI shrinks for 4th straight month in July
Jennifer -
Chinese manufacturing activity contracted for a fourth straight month in July, data showed on Monday, as the country’s biggest economic engines continued to grapple...
China Evergrande’s EV unit shares plunge 69% after 16-month halt
Jennifer -
HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after the stock...