Browsing: Economy
China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY –…
A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the…
Central bank independence may sound like an academic subject. But for Hong Kong, thanks to the US dollar peg, the…
The Treasury Department wants US financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used…
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…
Barely a month after Australia’s Labor Prime Minister Anthony Albanese visited China to improve relations put on ice by his…
India’s central bank has eased rules for settling international trade in rupees, a move analysts say could bolster the currency’s…
Hong Kong’s Stablecoins Ordinance marks a significant milestone, as cross-border payments using the cryptocurrency can facilitate trade-finance flows between Hong…
The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market overnight for the 11th time since late June,…
In the decade since China shocked the world with a surprise devaluation of the yuan, the nation’s exchange-rate regime has…