US dollar

New Business

As stock sell-off sweeps Asia, China’s yuan surges as US rate cuts loom

Anticipation of US interest rate cuts in September drove China’s yuan to a seven-month high against the US dollar on…

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New Business

Chinese builders Logan, KWG seen near private refinance deal on US$1.3b The Corniche loan

Cash-strapped Chinese builders Logan Group and KWG Group Holdings are close to signing a private loan to refinance a HK$10.2…

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New Business

Opinion | The great stock market reset is on its way

Such questions may seem frivolous or abstract when markets are inflating rapidly but they take on critical importance once things…

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New Business

Opinion | How America’s national debt has become the world’s liability

Put in perspective, the size of the global financial system per the Financial Stability Board at the end of 2022…

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New Business

Chinese top buyers of US property for 11th year, but Canadians dominate volume

In terms of volume, Canadians topped the charts, snapping up 7,100 residential units. The Chinese acquired 6,000 homes in the…

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Tech

US dollars exit China’s VC market, ending 2-decade marriage that enabled rise of start-ups

A sea change is taking place in China’s venture capital (VC) industry as the two-decade marriage between US investors and…

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