SHANGHAI, Jan 26 (Reuters) - China's yuan climbed to a ‌new ​32-month high against the dollar ‌on Monday as the central bank ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
China has made a key breakthrough in the evolution of its central bank's digital currency by positioning the e-CNY as "digital deposit money", a move experts said is set to expand its use scenarios ...
The People’s Bank of China set the strongest reference rate for the currency in almost three years.
The app, titled Are You Dead?, operates on a simple mechanism. Users are prompted to press a large on-screen button once ...
(CNN) — President Donald Trump said on Monday that countries that do business with Iran will face a new 25% tariff. The announcement appears to mean goods from China, a major trading partner of both ...
The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.
GM made numerous production changes last year to cope with a smaller-than-anticipated EV market. Combined with an October 2025 filing, GM will have accounted for $7.6B in costs related to downshifting ...
Silver now finds itself at the center of a geopolitical wrestling match over critical elements. In what is clearly an effort to control the market, China recently announced export controls on silver.
The advent of digital assets and the potential for disintermediation pose both threats and opportunities for traditional banks. Stablecoins may upend traditional financial rails, and the GENIUS Act ...
The People’s Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of “digital deposit money” as of January 1, 2026. Under an ambitious new action plan, ...