A Taiwanese delegation led by Legislative Speaker Han Kuo-yu will attend the presidential inauguration of Donald Trump on ...
The Russian government has recently announced it will issue nearly $1 billion equivalent in state bonds, but denominated not in US dollars as is mostly the case. Rather it will be the first sale of ...
Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...
particularly now that the petro-dollar link has been broken. Global trade stability is improved when countries are able to settle trade in yuan, in dollars, in yen or some other digital currency of ...
Global energy conglomerate Shell Group has sought the Competition Commission of India’s (CCI) approval for its proposed acquisition of Raj Petro Specialities Private Limited. The deal involves ...
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the currency may lead to tighter liquidity in the offshore market.
Currency traders are waiting to see if the People’s Bank of China will set the so-called fixing at a level weaker than 7.2 per dollar, a closely watched line, around which the yuan is allowed ...
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan.
The representative of Roshen confirmed the cessation of production in Budapest. The company owned by the former president of ...
That sent the offshore yuan 0.2% higher. The move is a sign authorities are ramping up support for the yuan in the face of the dollar’s resilience and growing expectations that China will ...