China's net gold imports via Hong Kong fell 38% month-on-month in May Published 25 Jun, 2026 05:22pm China’s total gold imports via Hong Kong stood at 65.562 tons in May
Towering dollar after solid jobs data leaves peers struggling Published 13 Jan, 2025 08:16am SINGAPORE: The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows...
China central bank governor Pan meets BOE’s Bailey in Beijing Published 12 Jan, 2025 11:03am SHANGHAI: People’s Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on...
Yuan steadies near 16-month low as PBOC announces record bill sales in HK Published 09 Jan, 2025 11:06am SHANGHAI: China’s yuan steadied near a 16-month low against the dollar on Thursday, though closer to the weaker end...
China says ‘determined’ to open up to world in 2025 Published 03 Jan, 2025 11:48am BEIJING: China is “determined” to continue opening up its economy to the world in 2025, a top economic planning...
China’s central bank likely to cut rates in 2025, FT reports, as part of broader policy shift Published 03 Jan, 2025 08:22am BEIJING: China’s central bank said it is likely to cut interest rates from the current level of 1.5% “at an...
China’s central bank unveils most aggressive stimulus since pandemic Published 25 Sep, 2024 06:48am BEIJING: China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out...
Pakistan, China discuss finance cooperation Published 27 Jul, 2024 06:16am BEIJING: China’s central bank governor Pan Gongsheng on Friday met with Pakistan’s Finance Minister Muhammad...
China’s yuan hovers near 1-month low as investors await economic data Published 27 May, 2024 10:19am SHANGHAI: China’s yuan hovered near a one-month low against the dollar on Monday while investors cautiously await...
China’s yuan hits weakest level in 3 weeks after fix set at 3-month low Published 21 May, 2024 10:18am SHANGHAI: China’s yuan slipped to a three-week low against the US dollar on Tuesday, dragged down by the country’s...
Gold retreats as dampened Fed rate cut hopes dent appeal Published 29 Apr, 2024 10:42am Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the...
China’s yuan nears daily downside limit as US yields rise, yen falls Published 26 Apr, 2024 09:00am HONG KONG: China’s yuan hovered near a five-month low against the dollar and traded a whisker away from its daily...
China’s yuan firms as the dollar falls to lowest level in 5 months Published 28 Dec, 2023 10:37am SHANGHAI: China’s yuan firmed against a weakening US dollar on Thursday, as the dollar index fell in late session on...
Sri Lanka and creditor nations agree in principle on debt restructuring Updated 29 Nov, 2023 06:18pm COLOMBO/TOKYO: A group of Sri Lanka’s creditor nations and Colombo reached an agreement in principle on debt...
PBOC governor pledges to strengthen global policy dialogues Published 28 Nov, 2023 09:53am HONG KONG: People’s Bank of China Governor Pan Gongsheng said on Tuesday the central bank will help strengthen...
China willing to cooperate with US, manage differences: Xi Published 25 Oct, 2023 11:55am BEIJING: Chinese President Xi Jinping said on Wednesday that China is willing to cooperate with the United States as...
China’s Jan-Sept gold consumption climbs over 7% on rising investment interest Published 25 Oct, 2023 11:51am BEIJING: China’s gold consumption in the first three quarters of 2023 climbed 7.32% from a year earlier on...
China’s yuan claws back losses on tighter offshore liquidity Published 14 Sep, 2023 10:32am SHANGHAI/SINGAPORE: China’s yuan pared earlier losses against the dollar on Thursday, supported by...
China should stick to ‘houses are for living, not for speculation’ Published 23 Aug, 2023 10:42am BEIJING: China should adhere to the principle that “houses are for living in, not for speculation” for the time...
China spent $240 billion bailing out ‘Belt & Road’ countries, study shows Published 28 Mar, 2023 12:11pm JOHANNESBURG: China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount...
China retains central bank chief in unexpected move Published 12 Mar, 2023 10:40am BEIJING: China retained its central bank chief Sunday in a surprise move, as the country appointed a cabinet focused...
China’s yuan hits 5-week low as South Korea export data darkens outlook Published 13 Feb, 2023 09:57am HONG KONG: China’s yuan sank to its weakest in five weeks during early trading on Monday, as data from South Korea...
China consumer inflation accelerates in Dec; PPI falls with soft demand Published 12 Jan, 2023 09:55am BEIJING: China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as...
China’s yuan edges higher as hopes for economy tempered by fears of COVID spread Published 29 Dec, 2022 10:45am SHANGHAI: China’s yuan edged higher against the dollar in thin year-end trading on Thursday, though its gains were...
RMB clearance: SBP signs MoU with Chinese bank Updated 03 Nov, 2022 09:53am KARACHI: The State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) signed a Memorandum of Understanding...
Asian currencies pressured by rising US rate path Published 19 Aug, 2022 10:30am The South Korean won and Thailand’s baht were the top losers on Friday, as Asian emerging currencies were pressured...
China stocks rise as central bank infuses cash to stabilise liquidity Published 24 Jun, 2022 10:20am SHANGHAI: China stocks rose on Friday, tracking gains in global markets as commodity prices fell, after the People’s...
China’s yuan extends declines to new 19 month low, set for 6th weekly drop Published 13 May, 2022 09:48am SHANGHAI: China’s yuan eased further, touching a more than 19-month low against the dollar on Friday and breaching a...
China central bank to launch relending facility to aid transport, logistics Published 06 May, 2022 08:22pm BEIJING: China’s central bank said on Friday it launch a 100 billion yuan ($15 billion) relending facility to...
Indebted Evergrande to sell $575 million stake in mega-project Published 30 Mar, 2022 10:18am BEIJING: Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development...