Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.

USD/CNY hit three-week high on Wednesday as investors remained cautious ahead of further developments in tense global trade ...

The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).

Broader Asian currencies kept to a tight range, especially after the Fed’s Powell said in a Tuesday testimony that the ...

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1710 as ...

UOB forecasts foreign exchange, and interest rates Going forward, UOB reported that financial markets and global investors will likely need to live with the constant threat of tariffs and last-minute ...

However, in February, President Trump renewed threats of punitive tariffs against major trading partners, including Canada, ...

USD/CNY rose on Monday as the U.S. dollar strengthened amid renewed tariff concerns. Trump announced new 25% tariffs on all ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

Same store average spending at the quick-service fish soup chain fell by 24.6 percent in the final three months of 2024 ...

During the early 1980s, the US dollar was very strong, and fiscal deficits were rising. The Plaza Accord in September 1985 ...

The yuan might still face more downward pressure, Maybank said, adding that China remains the only country that President Trump has allowed tariffs to take effect on, suggesting that China will still ...