US dollar

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China cuts US Treasury stockpiles to 16-year low amid Trump’s trade war

China reduced its stockpile of US Treasuries to a 16-year low in April, as an escalating trade war with Washington…

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China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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New Business

Gold 2.0 or just a fallacy? Crypto can’t chip away at gold’s safe-haven shield: researcher

Cryptocurrencies – including bitcoin and stablecoins – are not an alternative to gold, nor do they pose a threat to…

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Chinese stocks need earnings kick to fuel more market upside, JPMorgan says

Chinese equities are not as cheap as they seem because the nation’s economic slowdown has weakened corporate earnings, making it…

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The View | Hong Kong’s stock market has revived but what of the property sector?

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing…

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China Renaissance hits paydirt after stablecoin issuer Circle’s shares double on debut

China Renaissance, which has funded many leading Chinese technology firms, made another winning bet after shares of stablecoin issuer Circle…

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Explainer | What is the Genius Act, and can it really cement US dollar supremacy?

At last week’s Bitcoin 2025 conference in Las Vegas, there was one phrase on everyone’s lips: the Genius Act. Vice-President…

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Hong Kong regains favour as investors turn to mainland China and yuan: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid…

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Chinese economist warns that financial sanctions could become new US-China battleground

A prominent Chinese economist has cautioned that financial sanctions and countermeasures could “become a new battleground” in China-US rivalry, while…

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New Business

How US dollar doubts, risk of ‘triple whammy’ could give rise to yuan’s renaissance

As the United States faces renewed concern over unsustainable debts and its deficit outlook, ignited by the “One Big Beautiful…

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