Tag: yuan
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China stocks turnover tops 2 trillion yuan as bulls take charge
Elevated trading activity is rousing animal spirits in China’s stock market, as traders position for further gains.Turnover on mainland exchanges reached 2.15 trillion yuan...
China raises cross-border Yuan use requirement for major banks
China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest push for the use...
Dow futures fall 120 points; Onshore Yuan falls to lowest since 2008 GFC
US Stock Market Live: Dow Jones futures were near the flatline around 7.30 am (IST) following the 3,000 point rally overnight, which came in...
Yuan devaluation market chatter grows as trade war worsens
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the dollar in a...
China maintains support for yuan after US imposes new tariffs
China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever tariff hike.The People’s Bank...
