The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.

The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's ...

Mainland Chinese blue chips gained 1.5%, adding to a 4.3% jump in the prior session. Hong Kong's Hang Seng climbed 0.7%, adding to Tuesday's 4.1% surge. While market players welcomed the stimulus, ...

DBS Group Chief Executive Piyush Gupta said on Wednesday it is in the process of increasing ownership in its China securities ...

The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's ...

China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...

BEIJING/HONG KONG (Reuters) - China's central bank has shifted to a more aggressive easing stance, but its policy weapons don ...

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 ...

China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the ...

China's yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus ...

More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.

China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...