Foreign Exchange

New Business

China’s yuan hits lowest level in months as Trump tariff threats roil currencies

Both the onshore and offshore yuan have weakened to their lowest levels in months against the US dollar, as the…

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New Business

China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

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New Business

Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment…

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