The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
BEIJING - Chinese stocks closed higher on Wednesday, buoyed by a raft of stimulus policies announced by authorities on Tuesday. The benchmark Shanghai Composite Index closed up 1.16 percent to ...
China stocks led Asia-Pacific markets on Wednesday, buoyed by stimulus measures announced by Beijing a day earlier. In Japan, the Nikkei 225 dipped 70.33 points, or 0.2%, to 37,870.26. In Hong Kong, ...
China has announced a broad suite of stimulus measures, but analysts are sceptical about whether they are enough to kickstart a sluggish economy.
Chinese and Hong Kong stocks rallied on Tuesday after a wide-ranging stimulus package from China to revive growth ... estate ...
Mini futures (ESZ24) are trending down -0.02% this morning, taking a breather after the benchmark index finished with its ...
After a decent auction of new paper late yesterday, two-year Treasury yields are within a whisker of 3.5% for the first time ...
Asian stock markets waffled Wednesday as traders weighed prospects for a growing China economy, but also locked in profits after recent rallies. Hong Kong and Shanghai gained, while Tokyo finished in ...
A look at the day ahead in European and global markets from Kevin Buckland Beijing's big shot of stimulus is still pumping ...