Alibaba's core Taobao and Tmall group division saw its revenue grow 9 percent to 101.3 billion renminbi, or $13.9 billion, in ...

Maintaining ample liquidity through measures such as the RRR cut can provide sufficient resources for financial institutions ...

Cango (CANG) reported a Q1 adjusted net loss late Wednesday of 2 renminbi ($0.28) per diluted American depositary share, compared with net income of 0.80 renminbi a year earlier. One analyst polled by ...

China scaled back its efforts to buoy the yuan, with one degree of daily support missing analyst estimates for the first time ...

Asia United Bank (AUB) said it is benefiting from the increasing acceptance of the Chinese renminbi (RMB) in cross-border ...

Under the deal announced on May 12, which will last for 90 days, US exports to China will see tariffs reduced to 10 percent ...

a weaker US Dollar and earlier management of the Chinese Renminbi. GBP/USD was trading near its highest since October 02 in European morning trade after being helped on Wednesday by reports that a ...

Market reaction to the possibility of some goods being exempt was swift, with the offshore renminbi flipping to a slight gain of 7.2857 per dollar, erasing April 25 morning’s losses of as much ...

In 2024, total cross-border renminbi receipts and payments in Shanghai reached 29.8 trillion yuan ($4.1 trillion), marking a 30 percent year-on-year increase and accounting for 47 percent of the ...

“We will support the Shanghai Gold Exchange and other institutions in cooperating with overseas exchanges through product licensing, and expand the use of renminbi-denominated benchmark prices ...

CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US dollar’s global allure dimmed and Sino-US trade tensions ...