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.
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond yields slid amid a revival in bets that the Federal Reserve will cut interest rates in June.
As China's economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
Hang Seng rallies 2.73% as Fed rate cut bets and China’s economic rebound boost market sentiment. Tech and real estate stocks lead the charge
It’s the third day in a row that gold moved higher, this despite indications from the Federal Reserve that only one rate cut may ... due to the threat of U.S. tariffs on Chinese goods, but Beijing’s stimulus measures to boost the economy should support ...
The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of the country's US$3.
Trump will call for a study of tariff policies, rather than immediately impose them on China, Canada and Mexico. Follow updates here.
The cracks in US-SA bilateral ties are more than apparent, but not all is gloom and doom.As the world braces for Donald Trump's return, uncertainty looms over the future of the international geopolitical landscape.
European stocks were higher on Monday as investors awaited a host of executive orders that are likely to be signed on the first day of Donald Trump's presidency.
European stocks edged higher along with US equity futures, while the dollar weakened ahead of Donald Trump’s inauguration. Bitcoin soared to a record.
Hang Seng jumps 2% on China’s stimulus and upbeat US-China talks. Tech stocks soar as optimism drives investor sentiment.