BEIJING (Reuters) - Shanghai-based Guotai Junan Securities on Wednesday announced details of its plan to merge with its cross-town rival Haitong Securities in a share swap deal, a filing to the ...

China's finance ministry will hold a news conference on Saturday to detail plans on fiscal stimulus intended to lift a ...

BEIJING, Oct. 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 141 pips to 7.0568 against the U.S. dollar Wednesday, according to the China Foreign ...

Effective Sunday, November 24, 2024 for trade date Monday, November 25, 2024, and pending all relevant Commodity Futures ...

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and ...

China disappointed investors on Tuesday, with a stimulus package much tinier than expected. But China’s flagship Shanghai Composite still gained 4.6%, while Hong Kong’s Hang Seng plummeted 9.4%. What ...

The dollar index (DXY00) today is up by +0.45% at a 7-week high. The dollar has rallied every day this week as stronger-than-expected US economic news has reduced the chances for a 50 bp Fed rate cut ...

"Petrodollar" refers to the dollar's role in crude oil transactions. In the wake of the 1973 oil crisis, Saudi Arabia agreed to conduct all oil transactions in dollars and invest its oil surplus funds ...

The People's Bank of China's 2024 report on the internalization of RMB reported that cross-border RMB payments and receipts ...

China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing playbook.