Donald Trump has threatened 100% tariffs on imports from BRICS countries if they create a new currency to rival the US dollar ...
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China's digital yuan faces adoption hurdles due to competition from mobile payment platforms like Alipay and WeChat Pay.
The Bank of Russia carries out purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the yuan-ruble instrument ...
Jaideep Tiwari of Citi Wealth and Mitul Kotecha of Barclays discuss the potential devaluation of the Yuan to offset tariffs ...
France's far-right National Rally will likely back a no-confidence motion against the government unless there's a ...
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In corporate news, and partly reflecting the auto sector shudder in Europe as trade war fears mount, shares in Stellantis slumped almost 9% to two-year lows after CEO Carlos Tavares resigned abruptly ...
The Chinese automakers have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid ...
China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low.
Chinese yuan weakened amid U.S. President-elect Trump’s threat to impose 100% tariffs on BRICS countries if they attempt to create a new currency to replace the dollar.
The onshore yuan dropped to a low of 7.2675 per dollar, its weakest since July 24, despite a private manufacturing survey on ...