You Searched For "yuan" and got 20 results
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1 min read
Russia's ruble hits the lowest level in a year against the dollar and the yuan
As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…
Jennifer Sor
1 min read
It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant …
Jennifer Sor
3 mins read
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…
Huileng Tan
1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
1 min read
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
3 mins read
Markets are worried about the Chinese yuan sparking a new wave of turmoil
The Chinese yuan spiked against the US dollar on Monday in moves that were similar to the Japanese …
Huileng Tan
2 mins read
Russian FX trading is almost entirely in yuan as sanctions restrict dollar use
The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.
Filip De Mott
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
3 mins read
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
3 mins read
Why a strengthening US dollar could spark instability in global markets in Trump's 2nd term
The greenback could become "obviously overvalued" during Trump's term, a think tank expert wrote th…
Jennifer Sor
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
2 mins read
As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement
Trump, a China hawk, has floated tariffs of more than 60% on Chinese goods.
Huileng Tan
1 min read
Chinese stocks drop as Trump's presidency spells more tariff risk
Trump's re-election pulled down Chinese-listed shares in Hong Kong as traders braced for possible t…
Filip De Mott
1 min read
Yuan financing is growing costly for Russian businesses
Russian firms are already facing high debt costs as the country's central bank keeps rates high to …
Jennifer Sor
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
2 mins read
Energy markets are 'schizophrenic' amid rising geopolitical tensions and China's stimulus, energy expert says
Energy traders' attention is split between Middle East tensions and China's economic stimulus as bo…
Kelly Cloonan
2 mins read
China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
Analysts say the new measure to prop up its struggling property market aren't enough to solve bigge…
Kelly Cloonan
2 mins read
Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation
The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high thi…
Matthew Fox
2 mins read
Why Chinese stocks will climb another 50% from current levels, research CEO says
China's economy has the perfect ingredients to stage a monster stock rally in the next year, one re…
Jennifer Sor
2 mins read
Stock market today: US stocks edge up after wholesale inflation comes in cool
"CPI might have seemed hot, but PPI was not. Overall, these numbers are getting less impactful as i…