China unveiled fresh measures to strengthen Hong Kong's role as an offshore yuan financing hub, including establishing a new ...

Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program ...

China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...

Chinese Central Bank Governor Pan Gongsheng said on Monday that the country's foreign exchange market regulators have ...

The yuan slipped against the dollar in the offshore forwards market for a second day on Wednesday. Meanwhile the spot yuan neared a 14-month high against the euro, as enthusiasm over the eurozone ...

As bilateral trade grows, the Chinese Yuan is gaining popularity in Russia, and local currency settlement by discarding the US dollar is going from strength to strength. According to a report from ...

CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as Donald Trump returns to the White House. The contemplated move ...

Prior to the market opening, the People’s Bank of China set the midpoint rate, around which the yuan is allowed to trade in a 2% band, at 7.1893 per dollar, 1,088 pips firmer than a Reuters ...

In a meeting with reporters, Eddie Yue, Chief Executive at Hong Kong Monetary Authority (HKMA), said that an RMB trade ...

The data shows that the yuan is becoming increasingly popular as more countries are willing to use the Chinese currency in cross-border trade settlement, conduct cross-border investment and ...

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the ...

following a prior settlement agreement. This development is crucial for investors monitoring the financial health and commitments of Kai Yuan Holdings. The full repayment marks a positive ...