China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...

The US president's decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for ...

Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent ...

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Ford also sees a hit in 2025 from a procurement program in China, under which the country buys medical devices in bulk at a sharp discount. Fourth-quarter sales in the company's medical devices ...

Chinese officials said there will be hundreds of billions of Yuan in new long-term capital ... as aggregate demand for the currency increases. The opposite is the case if the price of Iron Ore ...

US President-elect Donald Trump has threatened a 100% tariff on the BRICS countries, including India, if they undercut the US dollar or replace it with another currency for international transactions.

giving rise to concerns that uncoordinated action could escalate into a “currency war.” Cui also said China had no specific target level for the Yuan and that the Yuan’s recent appreciation ...

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his inaugural address, with analysts forecasting the currency would ...

China’s manufacturing boom has fueled decades of export-oriented economic growth, undercutting foreign competitors and contributing to a growing appetite for tariffs in the United States and Europe.