Chinese Yuan (CNY)

REITs

CapitaLand China Trust prices inaugural $112 mil worth of free trade zone offshore CNY bonds

The bonds will be issued in denominations of CNY 20 million and integral multiples of CNY1 million in excess thereof.
China's big four state banks said to cut dollar deposit rates - THE EDGE SINGAPORE

Banking & finance

China's big four state banks said to cut dollar deposit rates

The move comes at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.
China's yuan replaces US dollar as most traded currency in Russia - THE EDGE SINGAPORE

Global Economy

China's yuan replaces US dollar as most traded currency in Russia

Russia has deepened its ties with China since the February 2022 invasion prompted a break in relations with the West.

Global Markets

Goldman sees China stock, yuan gains extending on policy shifts

Goldman Sachs Group Inc. said Chinese stocks may rally another 15%, while the yuan is seen hitting levels last seen in April.

China Focus

China stocks slide as leadership overhaul disappoints traders

Investors were disappointed during the congress last week as Xi defended his Covid Zero policy

China Focus

Dollar strength or yuan weakness?

This contributor asks: "To what extent is the movement in the Chinese yuan an indication of economic weakness?"

Currencies

US dollar strength perseveres as Fed’s inflation concerns persist: Bank of Singapore

Fed officials, alarmed at the prospect of looser financial conditions, are pushing back against the view of a 2023 easing cycle.
Saudi Arabia's oil-for-yuan bid won’t threaten the dollar - THE EDGE SINGAPORE

Currencies

Saudi Arabia's oil-for-yuan bid won't threaten the dollar

There is no sign of the yuan reaching the status of even the Swiss Franc as a medium of exchange, let alone the mighty greenback.

Currencies

Yuan unlikely to strengthen despite China losing "currency manipulator" tag

The retention of tariffs and pressure from higher treasury yields are likely to limit the strength of the Chinese Yuan.

China Focus

Chinese regulator urges Yuan internationalisation over Dollar weaponisation fears

Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), also says that China supports the listing of more mainland assets in Hong Kong markets.
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