US dollar

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South Korea’s martial law sends brief tremors through Chinese tourists, firms

The surprise imposition of martial law by the South Korean president – an action reversed by the country’s legislature in…

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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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Opinion | As Trump fumes over unlikely ‘Brics currency’, China should talk to US more about money

US president-elect Donald Trump’s threat to impose 100 per cent tariffs on Brics countries if they pursue a common currency…

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China’s plans for yuan unfazed by Trump’s pledge to protect ‘mighty US dollar’

China may need to exercise caution when promoting the overseas use of the yuan over the next four years, analysts…

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Opinion | An America awash in global capital risks spreading financial instability

The curse of wealth has come upon America – that of abundant capital inflows, inflated financial asset values and a…

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Russia’s plunging rouble puts pressure on Chinese e-commerce merchants

The sharp depreciation of the Russian rouble and growing devaluation expectations have caused widespread concern among Chinese exporters, prompting many…

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Yuan to catch up to China’s position in world’s economy: ex-official

Beijing would continue to advance the internationalisation of the yuan and further leverage Hong Kong’s role as a centre for…

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China’s yuan volatility rising on interest rates, US presidential election: Goldman

The volatility of the Chinese yuan’s exchange rate with the US dollar is set to rise in the near term…

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China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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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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