Goldman Sees Little Respite for Yuan Despite PBOC Pushback
Goldman Sachs Group Inc. expects more gloom for the Chinese currency despite efforts from policymakers to shore up
1970-01-01 08:00
SpaceX Sells Starlink Terminals to Unipol for Italy Flood Relief
Italian insurance company Unipol Gruppo SpA said it has purchased Starlink terminals from Elon Musk’s SpaceX to help
1970-01-01 08:00
Yuan’s Biggest Weekly Loss in Three Months Tests PBOC Tolerance
China’s yuan is depreciating at the fastest pace in three months and the central bank, for now, isn’t
1970-01-01 08:00
This Week in China: Nothing Is Good Enough for Impatient Market
Investors in Chinese assets are showing zero tolerance for negative news and setting a high bar for the
1970-01-01 08:00
Euro’s Use in International Payments Drops to Three-Year Low
The euro’s use for international payments dropped in April to the lowest in three years as those using
1970-01-01 08:00
Yuan Weakens Past Psychological Level Amid Disappointing Data
Disappointing Chinese economic data this week is feeding through to the currency market, sending the yuan sinking beyond
1970-01-01 08:00
Foreign Investors Miss Out on Best China Bond Rally of 2023
Global investors resumed selling China bonds on a net basis in April, missing out on the best rally
1970-01-01 08:00
China’s Youth Jobless Rate Hits Record 20.4% in Danger Sign
China’s youth jobless rate rose to a record 20.4% in April, showing the economy is still struggling to
1970-01-01 08:00
PBOC Extends Cash Support in May After Credit Growth Slumped
China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid
1970-01-01 08:00
China Opens New Channel Giving Access to $3 Trillion Swap Market
Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps
1970-01-01 08:00
Pakistan Keen to Pay for Russian Oil Imports With Chinese Yuan
Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term
1970-01-01 08:00
World’s Biggest Pulp Producer Considers Trading With China in Yuan
Suzano SA, the biggest producer of hardwood pulp, is considering selling its products to China priced in yuan,
1970-01-01 08:00