US dollar

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China’s currency comeback: yuan seen as strong as 6.8 in 2026, breaking key dollar level

China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts…

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China’s copper heartland vows to build US$28 billion empire, dominate in global market

A key industrial hub in eastern China is launching a push to transform itself into one of the world’s top…

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Exclusive | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’

Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary Policy Committee…

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Emerging markets set to outperform US stocks as dollar weakness continues, Cambridge says

Global investors should consider reducing their US equities exposure as emerging market stocks are on track to outperform those in…

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Gold prices could hit record highs of over US$4,900 next year: forecasts

Several major banks forecast that gold prices will shake off a recent correction and hit an all-time high next year,…

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Surge in Hong Kong dollar bonds to continue after record US$42 billion year

Hong Kong dollar bond issuance is poised to expand, following a record run of offerings, as easing local interest rates…

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China sets strongest yuan fix in over a year as Fed-cut bets rise

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…

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China’s US Treasury holdings edge up as long-term sell-off continues

China slightly increased its US Treasury holdings in August and September – though the uptick did little to offset an…

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Japan yen slips past 155 to US dollar as fiscal doubts, China spat sap investor confidence

The Japanese yen slid to a nine-month low against the US dollar, breaching a closely watched threshold of 155 amid…

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Yuan rapidly gaining ground as Chinese firms plot global expansion

Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the…

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