Chinese yuan, Beijing
Yuan boosted as China unleashes stimulus
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines after soft data on the consumer.
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023.
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost its sluggish economy.
Chinese yuan hits strongest level against the dollar in over a year
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
RTE Online58m
China launches late stimulus push to meet 2024 growth target
China's central bank has today lowered interest rates and injected liquidity into the banking system as Beijing assembled a ...
Debt Supply Risk Looms for China Bonds on Fiscal Stimulus Plan
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
Foreign investors cheer China's stimulus - from a distance
As the market euphoria to China's biggest stimulus since the pandemic settles, foreign investors are now asking whether the ...
devdiscourse1d
China's Bold Move: 1 Trillion Yuan Injection to Revitalize State Banks
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
Zawya1h
Copper prices set for best week in 4 months on China stimulus-led rally
Copper prices fell in London on Friday, but were set for their best weekly gain in more than four months after officials in top metals consumer China pledged stimulus to boost the economy.
Analysis-Chinese banks in need of capital injection to give thrust to economic stimulus steps
As China steps up efforts to stabilise its economy with fresh stimulus, the country's top banks would need to be capitalised ...
China ramps up stimulus to prop struggling economy, announces more interest rate cuts
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of fresh fiscal ...