The yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lackluster China ...
Most Asian currencies weakened against the dollar in early trade in a likely spillover effect from the Chinese yuan’s depreciation.
TOKYO (Reuters) - Asian stocks rose on Tuesday led by an outperforming tech sector following record highs on Wall Street ...
The dollar was buoyant on Tuesday as political turmoil in France undermined the euro, while tariff risks and weakness in ...
China's digital yuan faces adoption hurdles due to competition from mobile payment platforms like Alipay and WeChat Pay.
Analysts predict that new US tariffs, potentially reaching 60% on Chinese imports, could drive the yuan to its weakest level ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, according to CNBC's calculation of forecasts from 13 institutions.
In corporate news, and partly reflecting the auto sector shudder in Europe as trade war fears mount, shares in Stellantis slumped almost 9% to two-year lows after CEO Carlos Tavares resigned abruptly ...