Yuan

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Dollar edges up as Fed’s Waller cautions on inflation

The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor…

3 years ago

Exclusive: China’s state banks seen acquiring dollars in swaps market to stabilise yuan

China's state banks stepped up their intervention to defend a weakening yuan on Monday, with banking sources telling Reuters these…

3 years ago

Morning Bid: Yuan, euro and pound head down the Hole

Global central banks are scattering again, propelling a resurgent U.S. dollar to its highest in almost two years against China's…

3 years ago

Indian companies swapping dollar for Asian currencies to buy Russian coal

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry…

3 years ago

Hong Kong’s top finance executives bank on city to thrive as gateway to China

In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the…

3 years ago

Huawei pays out $9.65 billion in dividends to current and retired staff

Huawei Technologies (HWT.UL) paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee…

4 years ago

Hybrid work trend drives PC maker Lenovo’s Q3 profit to record high

Third-quarter profit jumped 62% to an all-time high of $640 million at China's Lenovo Group (0992.HK), the world's biggest maker of…

4 years ago

Analysis: As Fed rate hikes loom, China may opt for modest easing to cushion slowdown

China's central bank is set to unveil more easing steps to support slowing growth, though it will likely favour injecting…

4 years ago

China fines social media firm Douban for ‘unlawful’ release of information

The Cyberspace Administration of China (CAC) said on Thursday it had summoned and fined social media company Douban over unlawful…

4 years ago