You Searched For "Yuan" and got 20 results
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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
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
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
More pain for China as home sales crash for one of its largest developers and tech earnings growth falls to lowest since 2022
A leading Chinese developer saw a 57% annual drop in contracted sales last month, Bloomberg reporte…
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
3 mins read
The 4 forces that will challenge the dominance of the dollar, according to economic researchers
The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…
Jennifer Sor
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
2 mins read
The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered
Russia is looking into alternative payments infrastructure — which a top Russian banker said should…
Huileng Tan
2 mins read
Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data
Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…
Filip De Mott
3 mins read
Market mayhem has calmed down. Here's what went down — and why more chaos may be coming.
Fresh fears of a recession, a Japanese interest-rate hike, and declining asset valuations rattled i…
Theron Mohamed
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
2 mins read
China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets
The transition to green energy is "an opportunity for the nation to raise the global standing of th…
Filip De Mott
1 min read
Trump's tough trade stance could undercut his plans for a weaker dollar
Trump wants both trade barriers and a weaker dollar. But raising tariffs typically creates a strong…
Filip De Mott
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
1 min read
Stock market today: Indexes poised for another record as traders digest Fed commentary
The Fed looks like it's "inching closer" to a rate cut, according to B. Riley Wealth's Art Hogan.