The cost to borrow the offshore yuan in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even as the dollar weakens. The one-month Hong ...

With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...

SHANGHAI: China’s yuan slipped to the weakest level in a week against the dollar on Tuesday as traders remained wary about the economic risks of an escalating trade war between the world’s two ...

SHANGHAI: China’s yuan hovered near a more than two-week high against the dollar on Monday, although uncertainty surrounding Sino-US trade tensions restricted the currency’s upside potential.

With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg ...

SHANGHAI, April 21 (Reuters) - China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion ...

Longtime Texas volleyball coach Jerritt Elliott achieved one of his program goals by nailing down a match at Moody Center in 2025, Texas officials announced Monday. The Longhorns, who have won ...

SINGAPORE/HONG KONG, April 9 (Reuters) - China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating ...

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

The offshore yuan languished near record lows struck overnight in early trading on Wednesday, as investors fretted about intensifying Sino-US trade tensions and the impending 104 per cent tariffs ...

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While China’s central bank has set the yuan’s daily reference rate to a four-month low against the US dollar, the metric has not yet breached the all-important 7.2 benchmark – a move seen by ...