The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the ...
All eyes are on Donald Trump, and with the US closed on Monday for Martin Luther King Day, Australian markets will be among ...
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year ...
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
The visit laid bare Xi’s desire to keep China’s currency strong.Now, as a new trade fight with Washington approaches, Beijing ...
BEIJING -- The added values of China's culture and tourism industries accounted for bigger shares of gross domestic product (GDP) in 2023, the National Bureau of Statistics said on Monday, citing the ...
Toyota, the world's largest carmaker by sales, plans to build an electric vehicle factory in Shanghai for its premium Lexus brand to catch up with local EV brands in China, reported the Nikkei on ...
China broadens subsidies to smartphones and electronics to spur domestic consumption, countering external headwinds and reviving its tech market.
China’s central bank digital currency was once one of the industry’s hottest topics, but 2024 saw a relatively quieter year for the digital yuan. Still, Winston Ma, an adjunct law professor at ...
The price of PEPE coin PEPE/USD is soaring Tuesday after billionaire Elon Musk changed his name on social media platform X and his profile picture to an image of Pepe the Frog playing video games.
If you're looking to make some extra cash in 2025, your loose change could be the answer if you're lucky enough to get hold of one of the UK's rarest coins. 2024 was a year of big changes in the ...
The People’s Bank of China (PBOC) plays a pivotal role in shaping global foreign exchange (FX) markets through its daily yuan fixing mechanism. By establishing a central parity rate for the USD ...