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August 22, 2023
(Bloomberg) -- While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Markets WrapAfter the offshore yuan weakened last week past 7.30 per dollar, just a stone’s t...
August 22, 2023
While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall. After the offshore yuan weakened last week past 7.30 per dollar, just a stone’s throw from last year’s all-time low, the People’s Bank of China pushed back, with verbal warnings,…
August 2, 2023
Last time this happened the credit downgrade triggered a stock selloff around the world. Find out more
June 29, 2023
(Bloomberg) -- China stepped in to support the yuan for a third time this week, once again signaling a limit to its tolerance for weakness in the currency. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse Workforc...
April 27, 2023
The awards attracted more than 400 entries by over 300 contenders for nine categories in text, video and audio journalism.
February 24, 2023
Officials from Hong Kong and Shenzhen’s Futian district sign 25 agreements to enhance cooperation in a number of areas including technology and commerce.
January 23, 2023
Chinese businesses, malls and local governments have launched various promotions and events for the Lunar New Year holiday, with the aim of attracting consumers during the first long holiday shopping season after the country’s abrupt reopening.
December 22, 2022
Futu’s dual-primary listing status, which is set to take effect from December 30 under the ‘3588’ stock code, will enable the stockbroker to potentially be included in the Stock Connect schemes.
July 26, 2022
Ahead of Chinas twice-a-decade leadership conclave, Beijing deployed a bad-loans expert to clean up Henans festering banking and property mess.
July 26, 2022
Ahead of China's twice-a-decade leadership conclave, Beijing deployed a bad-loans expert to clean up Henan's festering banking and property mess.