During his first term in office, US President Donald Trump decried the utility of bitcoin and other cryptocurrencies, saying their…
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China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as…
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The world’s largest technology companies climbed after a sell-off that shook markets around the globe, with traders gearing up for…
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China’s central bank chief Pan Gongsheng promised to park more of the country’s US$3.2 trillion foreign exchange reserves in Hong…
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In South Korea, for example, the mere expectation that borrowing costs will soon be reduced has contributed to a sharp…
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The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…
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