A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday – …
AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with which shoppers repurchase products on the company’s e-commerce platforms such …
The Chinese government’s fourth sale of yuan-denominated sovereign bonds in Hong Kong this year was vastly overbought, as investors rushed to take advantage of the yield gap with the mainland …
The daily turnover on China’s onshore markets has slumped to the lowest in four years, indicating investors are awaiting clearer signals on the policy front to support the economy, before …
Who said China’s financial markets were in turmoil? Since January last year, the yield on the country’s benchmark 10-year government bond – which moves inversely to prices – has fallen …
China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a state-owned bank has said, as the drawbacks of a US-centred …
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to …
In Tokyo, Bank of Japan Governor Kazuo Ueda is searching for an exit from 23 years of quantitative easing. However, the answers he seeks could lie more in Beijing. Japanese …
Last month, Pinduoduo (PDD) reported surprisingly strong first-quarter results, with group revenue reaching 86.81 billion yuan (US$12 billion), exceeding Wall Street analysts’ estimate of 75.66 billion yuan. Net profit also …
China’s cyclical and structural economic woes have put further strain on the yuan. Morgan Stanley notes that China is on course for the longest period of deflation since the late …