US dollar dips NEW YORK: The US dollar fell on Wednesday after data showed the Chinese economy slipped into deflation last month,... Published 10 Aug, 2023 06:35am
Business & Finance China asks some banks to reduce or delay dollar buying SHANGHAI/BEIJING: China’s currency regulators are asking some commercial banks to reduce or postpone their... Published 02 Aug, 2023 06:47am
World China giving economic lifeline to Russia: US intelligence WASHINGTON: China's economic ties with Russia have helped limit the effect of punishing Western sanctions imposed... Published 27 Jul, 2023 10:44pm
Markets Most Asian FX, stocks gain after Chinese Politburo meet boosts sentiment The Chinese yuan and the Malaysian ringgit were among the lead gainers among emerging Asian currencies on Tuesday,... Published 25 Jul, 2023 10:22am
Markets China’s yuan rises to 2-week high on economic support pledge, state banks’ buying HONG KONG: China’s yuan firmed on Tuesday to a near two-week high against the dollar, after top policymakers’... Published 25 Jul, 2023 09:45am
Markets China’s yuan eases ahead of Politburo and global central bank meetings SHANGHAI/SINGAPORE: China’s yuan eased against the dollar on Monday, as corporate demand for the greenback offset a... Published 24 Jul, 2023 11:37am
Markets Yen pressured as traders wait on policy decisions SYDNEY: The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was... Published 24 Jul, 2023 09:32am
Markets China’s yuan holds tight ranges as investors look for stimulus HONG KONG: China’s yuan firmed against the dollar on Friday following firmer central bank guidance, but held tight... Published 21 Jul, 2023 10:29am
Markets Dollar firms, yen steady after Japan inflation holds above BOJ target SINGAPORE: The dollar was steady on Friday as data pointed to US labour market resilience that could lead the... Published 21 Jul, 2023 09:25am
Business & Finance China keeps lending benchmarks unchanged SHANGHAI/ SINGAPORE: China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a... Published 21 Jul, 2023 06:38am
Markets China’s yuan firms after central bank eases cross-border financing rule HONG KONG: China’s yuan firmed on Thursday, buoyed by the central bank’s move to relax a cross-border financing rule... Published 20 Jul, 2023 09:39am
Markets China, HK stocks wobble; focus on stimulus HONG KONG: China stocks closed flat on Wednesday, while Hong Kong shares dipped, with frail economic data continuing... Published 20 Jul, 2023 03:12am
Markets China’s yuan weakens past key threshold to one-week low on heavy dollar demand SHANGHAI/SINGAPORE: China’s yuan weakened to a more than one-week low against the dollar on Wednesday, breaching a... Published 19 Jul, 2023 11:14am
Markets Japanese rubber futures lower on weak Chinese demand SINGAPORE: Japanese rubber futures fell on Tuesday tracking losses in the Shanghai market, as weaker-than-expected... Published 19 Jul, 2023 03:21am
Markets Dollar teeters near one-year low; euro scales 17-month peak SINGAPORE: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited... Published 18 Jul, 2023 09:35am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (July 17,... Published 18 Jul, 2023 06:52am
Markets China’s yuan weakens on disappointing GDP data SHANGHAI: The yuan weakened against the dollar on Monday, as GDP data reinforced recent signs of a broad loss in... Published 17 Jul, 2023 11:36am
Markets Indian refiners used yuan to pay for some Russian oil imports NEW DELHI: Indian refiners have settled some payments for Russian oil imports in Chinese yuan, but the U.S. dollar... Published 14 Jul, 2023 05:38pm
Markets Dollar slides ahead of US inflation data, sterling hits 15-month peak SINGAPORE: The dollar sank to a two-month low against its major peers on Wednesday in the lead-up to a key US... Published 12 Jul, 2023 09:29am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (July 11,... Published 12 Jul, 2023 06:39am
Markets China’s yuan weakens, hurt by disappointing inflation data SHANGHAI/SINGAPORE: China’s yuan eased against the dollar on Monday, hurt by disappointing inflation data which... Published 10 Jul, 2023 09:37am
Markets India refiners start yuan payments for Russian oil imports NEW DELHI: Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct... Published 10 Jul, 2023 06:52am
Markets China’s yuan firms, PBOC’s guidance keeps trading in tight range HONG KONG: China’s yuan firmed against the dollar on Friday, as the central bank’s daily fixing reinforced investor... Published 07 Jul, 2023 11:23am
Markets China’s yuan firms as central bank pledges again to stabilize currency HONG KONG: China’s yuan firmed against the dollar on Thursday after the central bank offered more reassurances to... Published 06 Jul, 2023 09:54am
Markets China’s yuan eases after disappointing service activity data SHANGHAI: China’s yuan weakened on Wednesday after a private survey showed services activity expanded at the slowest... Published 05 Jul, 2023 10:36am
Markets China’s yuan edges up as PBOC continues to lend support SHANGHAI/SINGAPORE: China’s yuan edged up against the dollar on Tuesday, as the central bank continued to lend... Published 04 Jul, 2023 10:41am
Markets India refiners start yuan payments for Russian oil imports: sources NEW DELHI: Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct... Published 03 Jul, 2023 03:37pm
Markets China’s yuan steadies from 8-month low after PBOC steps up support SHANGHAI/SINGAPORE: China’s yuan steadied on Monday after slipping to near eight-month lows against the dollar at... Published 03 Jul, 2023 10:20am
Markets China’s yuan eases despite firmer-than-expected guidance fix SHANGHAI/SINGAPORE: China’s yuan eased against the dollar on Thursday, despite the central bank setting the daily... Published 29 Jun, 2023 09:08am
Markets Dollar steady as investors ponder over global rates, economic outlook SINGAPORE: The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of... Published 26 Jun, 2023 09:39am