The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with stimulus measures.

The People's Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a tool which is typically used to stabilize the yuan's exchange rate in the offshore market.

With two weeks before Trump begins a second U.S. presidency, his threats of big tariffs on Chinese imports have ... People's Bank of China could issue more yuan bills in Hong Kong in January ...

Fresh off a 9 per cent annual decline in 2024, the worst in six years, the Australian dollar dipped below US62¢ after the Chinese yuan dropped sharply against the greenback. The Australian ...

Bill Gates’ Breakthrough Energy was an earlier backer of mining unicorn KoBold Metals. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...

Silicon Valley–based mining disrupter KoBold Metals has raised a further $537 million in funding, with investors Bill Gates and Jeff Bezos now being joined by backers like Andreessen Horowitz.

Chinese carmakers released their sales results for 2024 on Wednesday, with multiple companies posting robust new energy vehicle (NEV) sales growth of over 50 percent year-on-year, becoming an ...

Currently, the U.S. Federal Reserve (Fed) issues dollar bills in seven denominations: $1, $2, $5, $10, $20, $50, and $100. While the $500, $1,000, and $10,000 bills have been out of production for ...

The U.S. dollar is entering the new year on a high—and most signs point to more strength ahead. The currency is a key beneficiary of U.S. exceptionalism. The American economy is growing faster ...

The National Bureau of Statistics (NBS) purchasing managers' index (PMI) slowed to 50.1 in December from ... Donald Trump's proposed new tariffs on Chinese goods. "The worst part of overcapacity ...

China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.1 in December ... How does the health of the Chinese Economy impact the Australian Dollar? China is Australia ...

Shoppers have also been furious with Dollar Tree after the company increased its maximum allowed product prices from $1.50 to $7. The store chain's CEO, Rick Dreiling, claimed the company was ...