Dollar jumps on safety flows after China data, yuan slips on rate cut LONDON: The safe-haven US dollar rose on Monday after a new batch of disappointing Chinese data bolstered global... Published 15 Aug, 2022 05:20pm
Markets China’s yuan set for best week in two months as dollar bulls lie low SHANGHAI: China’s yuan inched higher against the dollar on Friday and looked set for its biggest weekly gain in two... Published 12 Aug, 2022 11:47am
Markets China’s yuan weakens as Pelosi visit to Taiwan heightens tensions SHANGHAI: China’s yuan weakened slightly on Wednesday as tensions over a visit to Taiwan by US House of... Published 03 Aug, 2022 10:02am
Markets Yuan hits 11-week low ahead of Pelosi’s expected Taiwan visit SHANGHAI: The yuan hit an 11-week low against the greenback on Tuesday as diplomatic tension ahead of an expected... Published 02 Aug, 2022 11:16am
Markets Iron ore up on China infrastructure, property support hopes MANILA: Iron ore prices edged higher on Monday, extending last week’s solid gains and spurred by hopes of ... Published 02 Aug, 2022 05:36am
Markets Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Updated 01 Aug, 2022 02:05pm
Markets Yuan extends 5-month losing streak on downbeat PMIs, with Sino-relations in focus SHANGHAI: The yuan began August on the same weak trend it has been on for the past five months, as purchasing... Published 01 Aug, 2022 10:07am
Business & Finance China’s yuan firms as shrinking US GDP sends dollar lower SHANGHAI: China’s yuan firmed against the dollar on Friday, after overnight data showed the US economy contracted... Published 01 Aug, 2022 05:54am
Business & Finance Yuan weakens ahead of Fed SHANGHAI: China’s yuan slightly weakened against the dollar on Tuesday ahead of an expected US interest rate hike... Published 27 Jul, 2022 05:23am
Markets Dollar firm as Fed meeting and growth risks hold sway SINGAPORE: The dollar was on a firm footing on Monday, as traders braced for a sharp US interest rate hike this week... Published 25 Jul, 2022 10:45am
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 falls to 2-month low SHANGHAI: China’s yuan touched a two-month low against the dollar on Friday and looked set for its biggest weekly... Published 18 Jul, 2022 06:22am
Markets Iron ore futures tumble below $100 on pessimism over China Dalian and Singapore iron ore futures fell below $100 on Friday on fears over waning demand for steel in China after... Published 17 Jul, 2022 05:19am
Markets China’s yuan eases amid broad dollar strength SHANGHAI: China’s yuan eased on Thursday, reflecting the broad strength of the dollar after the U.S. inflation... Published 14 Jul, 2022 11:18am
Markets Euro flirts with parity as Russian gas link enters planned shutdown LONDON: The euro held above parity versus the dollar on Monday as the biggest single pipeline carrying Russian gas... Published 11 Jul, 2022 03:22pm
World Chinese protesters demanding bank deposits tussle with security men BEIJING: Several people protesting in the Chinese city of Zhengzhou over the freezing of deposits by some ... Published 10 Jul, 2022 02:58pm
Business & Finance China regulator fines Alibaba, Tencent for disclosure violations SHANGHAI: China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for... Published 10 Jul, 2022 10:52am
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
Markets Yuan pressured by risk aversion, investors eye US and China data SHANGHAI: China’s yuan eased against the dollar on Friday, giving up modest early gains, pressured in part by an... Published 08 Jul, 2022 10:42am
Markets Iron ore rebounds after sell-off, but recession fears linger MANILA: Dalian iron ore recouped from a selloff in the previous session to rise 5% on Thursday, as the dollar eased,... Published 08 Jul, 2022 05:36am
Markets Yuan inches up on hopes China’s economy is regaining traction SHANGHAI: China’s yuan inched higher on Thursday, shrugging off a broadly stronger US dollar, as investors hoped... Published 07 Jul, 2022 10:53am
Markets China’s yuan off two-week low as investors await US tariff news SHANGHAI: China’s yuan edged up on Wednesday from the previous session’s near two-week low against the dollar, as... Published 06 Jul, 2022 11:13am
Business & Finance Yuan inches up as US yield advantage narrows slightly SHANGHAI: China’s yuan inched up against the dollar on Monday, underpinned by a narrowing US 10-year yield... Published 05 Jul, 2022 05:19am
Markets China central bank upgrades currency swap with HKMA, expands size BEIJING: China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a... Published 04 Jul, 2022 10:07am
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
Markets China’s yuan firms as Beijing eases quarantine rules SHANGHAI: China’s yuan firmed against the greenback on Wednesday, as Beijing’s decision to ease quarantine... Published 29 Jun, 2022 10:57am
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 considers longer trading hours for onshore yuan BEIJING/SHANGHAI: China is considering extending its onshore currency trading hours, according to four sources... Published 28 Jun, 2022 06:10am
Markets Yuan edges up as Shanghai declares COVID victory, outlook remains cautious SHANGHAI: China’s yuan edged up against the dollar on Monday, after Shanghai declared victory against COVID-19 over... Published 27 Jun, 2022 11:30am
Markets Dollar finds support as investors put safety first SINGAPORE: The dollar and Japanese yen both found support in a choppy Asia session on Monday, benefiting from a bid... Updated 27 Jun, 2022 01:04pm