China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...

As anticipation builds for the official announcement of the Nvidia GeForce RTX 5060 Ti, news has leaked about what some manufacturers will be selling with the RTX 5060 Ti name attached. The first of ...

Postal Savings Bank of China has announced a commitment to provide no less than 10 trillion yuan in financing to private businesses over the next five years, reinforcing its dedication to ...

hina's yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting guidance for the sixth successive trading session against a ...

He added that the next escalation, if it comes, could also involve a sharp devaluation of the yuan. “Selling the US Treasury bonds and devaluing significantly the yuan will be sort of the next stage ...

The yuan was last 0.4% higher at 7.3955 in the offshore market, having sank more than 1% in the previous session and hitting its weakest level on record at 7.4288 per dollar in volatile trade.

A clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] By disrupting global trade and triggering recession risks, the United States' new tariff push may have ...

A middle-aged Salmon Arm man who plotted to hide his sexual relationship with a 15-year-old girl from his wife and neighbours could spend four years in prison. Vincent Massie appeared Tuesday for ...

It's hard to imagine a scenario with 100% U.S. tariffs on China that does not involve some devaluation of the yuan akin to the 10 ... market expectations of four Fed rate cuts this year may be ...