Iron ore leads China ferrous rebound MANILA: Dalian iron ore futures climbed more than 3% on Wednesday, while the Singapore benchmark price for the... Published 16 Feb, 2023 06:08am
Business & Finance Yuan inches higher, market awaits Dec PMI to gauge Covid impact SHANGHAI: China’s yuan crept higher against the dollar in thin holiday trading on Monday, with investors awaiting... Published 27 Dec, 2022 06:07am
Business & Finance Yuan eases ahead of Fed decision SHANGHAI: China’s yuan eased against the dollar on Wednesday, with market participants cautious ahead a Federal... Published 15 Dec, 2022 06:00am
Opinion China central bank to offer cheap loans to support developers’ bonds China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, ... Published 26 Nov, 2022 04:13am
Business & Finance China frees up $70bn for banks to underpin slowing economy BEIJING: China said on Friday it would cut the amount of cash that banks must hold as reserves for the second time... Published 26 Nov, 2022 04:13am
Business & Finance China’s key money rate hits near 2-year low, but softening seen fleeting SHANGHAI: Liquidity conditions in China’s interbank money markets eased further on Tuesday, as cash supply far... Published 22 Nov, 2022 11:36am
Business & Finance China’s yuan touches 10-day low SHANGHAI: China’s yuan eased to a 10-day low against the dollar on Monday, as worsening COVID-19 infection numbers... Published 22 Nov, 2022 03:23am
Business & Finance Chinese yuan rises SHANGHAI: China’s yuan strengthened against the dollar on Friday, reversing two days of losses, recovering after... Published 21 Nov, 2022 05:59am
Business & Finance Yuan slips from 2-month high as blast in Poland hurts sentiment SHANGHAI: China’s yuan on Wednesday slipped from a two-month high against the dollar, pressured by safe-haven bids... Published 17 Nov, 2022 05:59am
Business & Finance Yuan rebounds to week high SHANGHAI: China’s yuan rebounded to reach a one-week high against the dollar on Friday, shrugging off a much... Published 07 Nov, 2022 05:48am
Business & Finance Yuan recoups early losses SHANGHAI: China’s yuan recouped losses against the surging dollar by midday on Thursday after falling earlier to... Published 21 Oct, 2022 05:57am
Business & Finance China central bank says to steadily and prudently push forward yuan internationalisation SHANGHAI: China’s central bank said it will steadily and prudently push forward yuan internationalisation to promote... Published 23 Sep, 2022 05:31pm
Business & Finance Yuan looks set for third weekly loss SHANGHAI: China’s yuan looked set for the third straight weekly loss against the dollar on Friday as investors... Published 05 Sep, 2022 06:04am
Business & Finance Yuan set for second weekly loss SHANGHAI: China’s yuan was set for a second straight weekly loss on Friday as the dollar was buoyed by safe-haven... Published 29 Aug, 2022 05:44am
Business & Finance China cuts lending benchmarks to revive faltering economy SHANGHAI: China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday,... Published 23 Aug, 2022 05:56am
Markets Yuan touches near 2-year low after China cuts lending benchmarks SHANGHAI: China’s yuan slumped to a near two-year low against the dollar on Monday, as Beijing stepped up easing... Published 22 Aug, 2022 10:11am
Business & Finance Yuan skids to 3-month low SHANGHAI: China’s yuan slipped to a three-month low against the dollar on Friday, breaching a key threshold, after... Published 22 Aug, 2022 06:33am
Markets China stocks slip on slowdown fears despite surprise rate cuts SHANGHAI: China stocks slipped on growth concerns on Monday after data showed economic activities and credit... Published 16 Aug, 2022 03:59am
Markets Weak China data sparks industrial metals sell-off LONDON: Industrial metal prices fell on Monday as concerns about demand in China surfaced due to weak economic data... Published 16 Aug, 2022 03:59am
Business & Finance China’s yuan edges higher SHANGHAI: China’s yuan edged higher against the dollar on Friday, following a strengthened official guidance rate,... Published 23 Jul, 2022 04:10am
Business & Finance Yuan pressured by risk aversion SHANGHAI: China’s yuan eased against the dollar on Friday, giving up modest early gains, pressured in part by an... Published 09 Jul, 2022 03:57am
Business & Finance China’s yuan eases, set for losing week on seasonal dollar demand SHANGHAI: China’s yuan eased against the dollar on Friday and looked set for a losing week, as heavier seasonal... Published 04 Jul, 2022 06:17am
Business & Finance Yuan ends at one-week high SHANGHAI: China’s yuan recouped early losses to close domestic session at a one-week high against the dollar on... Published 29 Jun, 2022 05:44am
Business & Finance China’s yuan set for first weekly gain in three SHANGHAI: China’s yuan inched up against the dollar on Friday, poised for the first weekly gain in three, as... Published 27 Jun, 2022 06:06am
Business & Finance China’s yuan eases SHANGHAI: China’s yuan slipped against the dollar on Thursday, as strong corporate demand onshore bolstered the... Published 24 Jun, 2022 06:15am
Business & Finance China’s yuan eases SHANGHAI: China’s yuan touched a near one-week low against a firmer dollar on Thursday, dampened by investor... Published 03 Jun, 2022 05:56am
Business & Finance Yuan hits near one-week low SHANGHAI: China’s yuan weakened past a key threshold to a near one-week low against the dollar on Thursday,... Published 27 May, 2022 05:50am
Markets China’s yuan slips as weak growth outlook weighs SHANGHAI: China’s yuan weakened against the US dollar on Wednesday as investor concerns about slowing growth in the... Published 25 May, 2022 09:47am
Markets China central bank to launch relending facility to aid transport, logistics BEIJING: China’s central bank said on Friday it launch a 100 billion yuan ($15 billion) relending facility to... Published 06 May, 2022 08:22pm
Business & Finance China’s yuan heads for worst month since 2019 SHANGHAI: China’s yuan swung wildly on Friday, touching a 1-1/2-year low before recovering its losses by the... Published 01 May, 2022 05:11am