Browsing: Economy
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks…
Beijing must be proactive in “adapting to the trend of stablecoins”, and waiting is not an option as the US…
Hongkongers and mainland residents jumped at the chance to send money across the border via a new electronic payment service…
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in…
China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move…
In financial markets, the Hong Kong dollar is known as a “widow-maker”, a ruinous trade that inflicts painful losses on…
The geopolitical world is becoming multipolar. Inevitably, the international monetary system is also evolving towards one where several sovereign currencies…
China reduced its stockpile of US Treasuries to a 16-year low in April, as an escalating trade war with Washington…
With major economies gearing up for the rising ubiquity of stablecoins and their impact on the global economy, former Chinese…
In just the past month, stablecoin has moved from the fringes of cryptocurrency into the heart of mainstream finance.Hong Kong…