HONG KONG, April 3 — China’s yuan dropped to its lowest levels in seven weeks and stock markets slumped today after US President Donald Trump unveiled a sweeping set of reciprocal tariffs that were ...
SHANGHAI: China’s yuan slipped on Monday despite a broadly weaker dollar, dragged lower by worries over an escalating global trade war and fresh signs of economic wobbles. Analysts say more ...
The US and China could negotiate a deal to strengthen the yuan in exchange for an easing of tariffs, according to Ray Dalio, founder of Bridgewater Associates, who recently met with senior Chinese ...
China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever tariff hike. The People’s Bank of China set the yuan’s reference exchange rate ...
China’s Finance ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share placements, following through on a pledge to beef up capital buffers. Bank ...
2 economy with the biggest-ever tariff hike. The People’s Bank of China set the yuan’s reference exchange rate at 7.1889 per dollar Thursday, 735 pips stronger than the average estimate in a ...
China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January on Thursday, as the Chinese currency came under pressure following US President ...
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which ...
HONG KONG: China’s yuan weakened against the U.S. dollar on Tuesday as markets await more details on President Donald Trump’s reciprocal tariff announcements this week. Sentiment was fragile ...
BEIJING - The People's Bank of China, the country's central bank, on Monday said that it conducted outright reverse repos worth 800 billion yuan ($111.45 billion) in March to maintain ample ...
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