Talks between Deutsche Bank , its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a ...
Khoon Goh, head of Asia research at ANZ Bank, says he remains hopeful on negotiations but the Chinese authorities will likely let the yuan weaken to 7.5 to act as a "shock absorber" if 10% tariffs ...
China's central bank set a stronger-than expected fixing rate for the yuan against the U.S. dollar, contrary to expectations that the People's Bank of China will set a lower rate for the yuan this ...
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.
China’s central bank on Wednesday set the yuan midpoint at 7.1693 per dollar, the strongest level since Nov. 8, 2024, which ...
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a ...
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as ...
Deutsche Bank on Tuesday highlighted the huge difference in how much the U.S. consumes and how much China produces, adding that this imbalance was one of the key reasons behind the trade tensions ...
The Bank of China, a state owned Chinese bank, has announced its decision to provide at least 1 trillion Yuan in funding to companies in the Artificial Intelligence (AI) sector over the next five ...
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.