China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
China's central bank conducts 697b yuan reverse repos to inject liquidity into the market
In order to offset the impact of concentrated maturities of reverse repos in the open market and to keep liquidity in the banking system at an adequate level, the People's Bank of China (PBC), the ...
Morning Bid: Alphabet flubs, Yen surges, China returns
Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...
China stocks suffer brutal reversal as traders return from holiday
China’s sharemarket erased a near 1 per cent opening gain as traders returned from a week-long holiday to simmering tensions ...
China’s services sector growth slows to four-month low in January
The Caixin China General Services PMI unexpectedly declined to 51.0 in January 2025, down from December’s seven-month high of ...
Chinese shares edge lower on rising trade disputes
China's central bank set a stronger-than expected fixing rate for the yuan against the U.S. dollar, contrary to expectations that the People's Bank of China will set a lower rate for the yuan this ...
Bank of England preview: Setting policy in the era of Trump
The market is fully priced for a rate cut from the BOE, with a 98% chance of a cut currently priced in by the GBP overnight ...
What do China's new tariffs on U.S. mean for consumers
The impact on U.S. consumers are likely to be limited so far, but experts warn of a looming ‘tit-for-tat trade war’ ...
China Moves to Bolster Currency Despite Trump Tariffs
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a ...
Wall Street heads lower as Trump trade war fears offset US payroll growth
Wall Street was mostly lower on Wednesday despite US employment growth picking up last month by more than expected.
'Good morning' Facebook hoax claims hackers hid 'phishing code' in photos, videos
For years, Facebook and WhatsApp users shared the hoax, mentioning a "warning from Olga Nikolaevna's lawyer" and an "SOS" ...
Chinese consumers’ cultural, entertainment spending surges during 2025 Spring Festival: State Taxation Administration
During the recently concluded Spring Festival holiday, Chinese consumers' cultural and entertainment spending has surged. Revenue from cultural and artistic services rose 66.3 percent, the People's ...