In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...
The Bank of Korea announced on the 3rd that it has renewed a won-yuan currency swap agreement with the People’s Bank of China ...
President Lee Jae Myung (2nd from R) and Chinese President Xi Jinping (2nd from L) attend a signing ceremony for a currency ...
The recent weakening of both the US dollar (USD) and the Philippine peso (PHP) signals more than a short-term market swing. It reflects a deeper global transformation—a shift from US-centric, ...
Bond sales in the local currency fell about 30 per cent month on month to HK$357.7 billion (US$46 billion) in October.
Latest data shows BTC is trading 2.65% down on a 24-hour basis at $107,756.57 with an m-cap of $2.1 trillion, dropping 14.54% ...
Bottom-line profits, though, have remained elusive. Oatly recorded a third-quarter loss of $65.4 million, larger than the ...
Amid ongoing challenges in North America, Oatly Group AB marked a milestone in the fiscal 2025 third quarter by reporting its first period of “profitable growth” since going public in 2021, said ...