Browsing: Economy
The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control…
As China moves to accelerate global use of the digital yuan, particularly in cross-border trade along Belt and Road Initiative…
When he was France’s finance minister in the 1960s, former French president Valéry Giscard d’Estaing famously complained about the “exorbitant…
Traders are seeking alternatives to the euro when shorting the US dollar as they look to capitalise on expectations for…
The passage of a sprawling budget bill has raised concerns over the long-term debt of the United States, which analysts…
Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due…
A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with…
When South Korea reportedly halted its digital currency pilot programme this week in favour of stablecoins – cryptocurrencies pegged to…
The Hong Kong Monetary Authority (HKMA) has stepped into the financial market for the first time since 2023 to support…
With some major economies leaping onto the stablecoin train – or being urged to do so, to further globalise their…