A weaker currency may also reduce the impact of tariffs by boosting competitiveness of the Chinese exports. “The PBOC might ...
China’s central bank unveils a digital yuan payment card with tap-and-scan capabilities, aiming to boost adoption amid competition from WeChat Pay and Alipay.
After a five-day meeting, the Standing Committee of the National People's Congress on Friday approved the issuance of 6 trillion Chinese yuan worth of local government special-purpose bonds, ...
JAISHANKAR ASSERTS INDIA’S GLOBAL STRATEGIC AUTONOMY ON THE EVE OF LAST MONTH’S BRICS SUMMIT IN RUSSIA External Affairs Minister Jai Shankar has rightly cold-shouldered Russia, China, and Iran Axis’ ...
Over the last few days, the Indian Rupee (INR) has been depreciating against the Dollar (USD). The Rupee dropped to a fresh ...
The People's Bank of China recently launched a “digital yuan visual hard wallet” at the 18th Shenzhen International Financial Expo. The 1mm-thick card ...
When Donald Trump first started a trade war with China in 2018, Beijing found itself on the back foot and unsure of how to ...
Central bankers the world over are gauging whether their worst fears over Donald Trump will come to pass following his resounding return to the US presidency. Trump has promised levies on US imports ...
If Trump follows through on his tariff threats, Chinese authorities will need to do much more to help the economy.
In America, both the Dow and S&P 500 scaled new heights, while Singapore’s Straits Times, Hong Kong’s Hang Seng, Taiwan’s Taiwan Weighted, Thailand’s SET Composite and China’s Shanghai Composite also ...
Asian currency traders have barely recovered from Wednesday’s selloff but they’re already hunkering down for the next macro risks on the horizon.