China’s exporters shun the yuan, embrace alternatives as depreciation fears build
“Perhaps, on the one hand, it is because the economy and exports are not that good, and everyone is earning fewer dollars. On the other hand, companies like us that …
“Perhaps, on the one hand, it is because the economy and exports are not that good, and everyone is earning fewer dollars. On the other hand, companies like us that …
Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review. …
At the beginning of this year, futures markets were pricing in six quarter-point cuts in US interest rates in 2024. The Federal Reserve, the world’s most important central bank, expected …
“Corporate profit growth appears to be accelerating, creating a favourable view of the outlook for Asian equity markets if based purely on the region’s fundamentals,” said Gary Dugan, chief investment …
April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A scrum of eager buyers has descended upon the venue, looking to join a new gold …
Opinions expressed by Entrepreneur contributors are their own. If you are among the many business owners lulled into cheap and low-cost access to capital, you may have been caught off …
China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking emerging- and developed-market …
Another busy week is shaping up on the US economic calendar with key inflation data and the minutes from the March Federal Reserve meeting. Core Consumer Price Index (CPI) figures …
Bitcoin may be dripping lower at spot rates. Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024. At …
Although China’s central bank has hinted at plans for more monetary easing, uncertainty over the exact timing of US interest rate cuts and renewed depreciation pressures on the yuan are …