US dollar

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Macroscope | In the crypto vs gold struggle, new battle lines are being drawn

At a time when cryptocurrencies are being promoted aggressively by none other than US President Donald Trump, among others, it…

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China extends gold-buying streak as central banks seek US dollar alternatives

China’s central bank extended its gold-buying streak for a 10th straight month in August, part of a broader rush into…

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Standard Chartered wealth and retail head urges diversification amid correction risks

Standard Chartered has advised more than 2.5 million of its affluent clients to diversify their portfolios and stick to core…

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Global investors shift from US equities drawn by Asia’s AI boom, looser Fed policy: BofA

Investors are looking beyond US equities for the first time in a decade amid a weakening US dollar and likely…

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China’s yuan rallies with central bank backing as worries mount over US dollar

A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by…

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China’s stablecoin dilemma: why US dollar tokens matter – and how Beijing might respond

Once a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and…

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China eyes honing its bond issuance mechanism to boost yuan’s global role

China’s central bank and finance ministry have discussed creating a better mechanism for issuing sovereign debt overseas, as Beijing eyes…

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Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut

A bitcoin company tied to US President Donald Trump’s two oldest sons more than doubled in value in its stock…

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China’s yuan set for more gains against US dollar as Fed sends dovish signals

The Chinese yuan is set to continue making gains against the US dollar over the coming months, as China’s central…

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Eric Trump to head to Tokyo to vote on bitcoin firm Metaplanet’s capital-raising plan

Eric Trump is expected to attend a shareholder meeting of Japanese bitcoin treasury company Metaplanet in Tokyo on Monday, as…

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