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China’s central bank vows to enhance yuan amid looming risks from strong US dollar

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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Macroscope | Why Asian central banks are starting to decouple from the Fed

One after another, major central banks in Asia and the Pacific region are cutting interest rates. On February 18, the…

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Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Citigroup lifted CEO Jane Fraser’s total compensation to US$34.5 million for 2024, up a third from a year earlier, as…

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China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions

The People’s Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in…

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Mortgage registrations in Hong Kong hit record low in 2024, Centaline says

Mortgage registrations in Hong Kong dropped to the lowest level on record last year, as the city’s property market suffered…

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Macroscope | Why bond markets refuse to hop aboard the Trump train

While signals from bond markets are not always reliable and can be a poor predictor of shifts in the economy,…

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Exclusive | Kissinger acolyte Robert Hormats on how China, US can narrow their ‘trust gap’

Robert Hormats began his career at the US National Security Council in 1969, where he served as senior adviser to…

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Macroscope | Why another US-China trade war will hit Asia much harder

As Donald Trump prepares to return to the White House as US president, Wall Street banks are debating the economic…

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Opinion | In a world fraught with risk, Trump will add to the bumps

With the return of the highly unpredictable Donald Trump as US president in January next year, how should one manage…

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US Federal Reserve set to cut interest rates as Trump prepares for second term

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday…

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