The system automatically converts Renminbi payments to Hong Kong dollars. WeChat Pay HK has expanded its cross-border payment ...
Singapore's DBS Group said on Monday it acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB) for 1.60 ...
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital ...
BEIJING -- Chinese financial authorities have unveiled a plan to detail measures for encouraging medium- and long-term funds ...
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People ...
Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a ...
New Oriental Education & Technology Group (EDU) reports mixed FQ2 earnings, with revenue up but EPS falling short.
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the ...
President-elect Donald Trump’s pick for Treasury Secretary does not think that the US needs to launch a central bank digital currency (CBDC).
SINGAPORE (Reuters) - Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S.
Though he started by threatening Mexico, Canada, and China, Trump’s tariffs mean the US will drain Europe as Ukraine fades.