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Yuan Gains
Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back threats of slapping higher tariffs on exports there.
China Stocks, Yuan Cautiously Firm After Trump Delays Tariffs
The CSI300 Index has dropped roughly 5% since Trump won the election on Nov. 5 with a threat to impose steep tariffs of 60% on Chinese goods, but had already rebounded over the past week amid gestures of goodwill between Beijing and Washington.
Trump would ‘rather not’ put tariffs on China, maintains threat
We have one very big power over China, and that’s tariffs, and they don’t want them,” the US leader told Fox News host Sean Hannity in an interview that aired Thursday in the US. “And I’d rather not have to use it.
12h
on MSN
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of ...
Business Times
3h
This Hong Kong newspaper seller is preparing for a yuan crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
5d
on MSN
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
7d
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
3d
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
中国日报网
19h
Wahaha pays out 2.4 billion yuan to frontline workers
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year ...
5d
Yuan recovery in lead-up to Trump's inauguration to help rupee
The Indian rupee is likely to kick off a pivotal week on a slightly positive note, assisted by the recovery of the Chinese ...
1d
Yuan remains fourth most active payment currency in December: SWIFT
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...
中国日报网
18h
China issues 4.72t yuan in new local govt bonds in 2024
BEIJING - China's local governments issued new bonds worth 4.72 trillion yuan ($658.25 billion) in 2024, data from the ...
20h
on MSN
Yen gains on BOJ hike; yuan, Antipodean peers get Trump boost
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
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