Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

The central parity rate of the Chinese currency renminbi or the yuan strengthened 2 pips to 71691 against the US dollar Thursday according to th ...

Netting’ cut Philips’ cross-border transactions from 4,000 yearly to just one a month. HSBC has launched a cross-currency netting solution in China that helped Koninklijke Philips NV — known globally ...

Loans initiated by private credit are not marked to market, which means lower volatility, or at least the appearance of lower volatility, which lowers those loans’ correlations with publicly traded ...

BEIJING, Feb. 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange ...

European markets are set for a positive open Thursday, with investors awaiting more earnings and the latest monetary policy ...

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1691 as ...

CLCT reports 16.2% decline in DPU in FY2024 to due divestment, and lower NPI from logistics and business parks. Retail malls ...

The U.S. dollar is likely to stay under pressure versus the yen, based on charts, said Quek Ser Leang at UOB’s Global Economics & Markets Research in a research report.

During the early 1980s, the US dollar was very strong, and fiscal deficits were rising. The Plaza Accord in September 1985 ...

The greenback has bounced slightly higher in early trade Thursday, but the dollar index is still considerably off the ...

Chinese New Year, Alipay recorded a significant increase in China’s outbound and inbound travel spending. This press release ...