US dollar

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Macroscope | How Trump’s reckless policies could trigger a financial crisis

How much does politics matter to financial markets? Many investors believe political risk has a stronger bearing on sentiment towards…

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Exclusive | Economist Michael Pettis on China’s consumption paradox and the pitfalls of a trade war

After more than two decades in China – including years spent teaching finance at Peking University and Tsinghua University –…

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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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As DeepSeek eats into America’s AI edge, is US dollar dominance at risk?

Market discussions about the recent rise of Chinese artificial intelligence (AI) dark horse DeepSeek have taken on a new dimension,…

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Macroscope | Trump’s ‘big stick diplomacy’ won’t go far in today’s world system

“Speak softly and carry a big stick”, a phrase attributed to former US president Theodore Roosevelt, is often cited as…

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Hong Kong’s Gaw Capital buys central Tokyo shopping centre for more than US$1 billion

Gaw Capital, a Hong Kong private equity firm focused on real estate, completed the acquisition of a shopping centre in…

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Standard Chartered banks on yuan assets amid US-China tensions, Trump risks

Market volatility under US president Donald Trump and the rising appeal of yuan assets mean a boom for Standard Chartered…

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Chinese yuan surges after Trump goes easy on China in inaugural address

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…

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My Take | Beijing’s US$3.2 trillion question: how much of China’s forex reserves go to Hong Kong?

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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China’s yuan on the rise in oil trade, but petrodollar here to stay: report

The expansion of China’s digital yuan and financial technology are helping to boost yuan settlements in the crude trade and…

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