China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts and thawing trade tensions, with some bulls betting that ...
An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for the first time in more than 14 years. So-called one-year risk reversals for the ...
At their annual conference this week, Gong rolled out new product innovations built to unify and orchestrate essential go-to-market workloads across the entire revenue organization. Built into the ...
Influencer Tang Feiji plummeted to his death in an aircraft during a livestream video. He was 55. The content creator was filming a video to upload to his social media platforms on Saturday when he ...
China has quietly taken a bold step in its bid to expand the global footprint of its digital currency. On Thursday, the People’s Bank of China (PBOC) inaugurated an international operations centre for ...
China should allow the yuan to strengthen against its key partners’ currencies and well beyond 7 per dollar to foster fair trade, according to Brad Setser, senior fellow at the Council on Foreign ...
1301 GMT – The Chinese yuan rises to its highest level against the dollar since November 2024 after the People’s Bank of China’s daily fixing allowed for more strength and as the U.S. currency falls.
China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese ...
Provo • Latter-day Saint apostle Gerrit W. Gong delivered a heavenly warning Tuesday about a rapidly expanding earthly tool. “Artificial intelligence is not God and cannot be God,” Gong declared on ...
The former capital of the Hawaiian Kingdom and a cornerstone of the Islands’ tourism economy, Lahaina has long been the crown jewel of Maui. The historic Front Street drew millions with its plantation ...
To celebrate 1.5 million in sales, BYD launched a new Yuan Up “Pilot” EV edition on Thursday with prices now starting at under $10,500. The new base model is priced at 74,800 yuan ($11,500), which is ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. For a while now the smart take on China’s currency has been that it isn’t really ...