Browsing: Economy
Hong Kong lawmakers passed a law on Wednesday that establishes a regulatory regime for stablecoins, paving the way for issuers…
In recent months, the global financial system has seen seismic shifts that underscore the rising relevance of digital assets. US…
China’s yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and…
With reports circulating of a breakthrough in China-US trade talks, the offshore yuan jumped in value against the US dollar…
The Singapore dollar is the top-performing Southeast Asian currency this year, but slowing inflation and growth worries may push it…
After finance ministers and central bankers met at the World Bank/IMF spring meetings in Washington last month, the buzz is…
In early January, the Bloomberg Asia Dollar Index – a gauge of the performance of leading Asian currencies against the…
China has done little to de-dollarise its economy despite a push to resist Washington in a tumultuous trade war, and…
The Hong Kong Monetary Authority (HKMA) has stepped in for the second time within three days to maintain the local…
The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November,…