Chinese Yuan Slides, Stock Futures Whipsaw After Debt Swap Plan
The yuan declined while Chinese stock futures whipsawed after authorities announced a total 10 trillion yuan ($1.4 trillion) program to refinance local government debt, signaling investors weren’t impressed with the latest attempt to support the economy. The yuan sank as much as 0.6% in offshore trading, pulling its Asian peers such as the Australian and New Zealand dollars weaker.
India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win ...
Exchange rate between US dollar and yuan could become a bargaining chip in negotiations between China and the US on tariffs, ...
China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening ...
According to the General Administration of Customs, China's high-tech product exports in the first nine months of 2024 ...
China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and ...
Overnight volatility in the U.S. dollar versus the offshore Chinese yuan (CNH) soared to an all-time high, underlining ...
One promising path is the growing focus on direct primary care and other value-based care models, says Jeff Yuan, co-founder ...
China’s central bank unveils a digital yuan payment card with tap-and-scan capabilities, aiming to boost adoption amid competition from WeChat Pay and Alipay.
India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win ...
The rate, which didn’t carry a clear strengthening bias, signals authorities are bracing for further yuan weakness in case ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback