RMB deposits rose over 2 trillion dollars from households and NBFIs. The outstanding amount of renminbi (RMB) and foreign currency deposits recorded a 6.4% rise in December 2024, to $42.16t ...
Outstanding renminbi loans grew, but foreign currency loans dropped. Outstanding renminbi (RMB) and foreign currency loans in ...
Regional gains, however, remained capped due to a holiday in the U.S. and amid caution ahead of U.S. President-elect Donald Trump's inauguration later in the day.
The Malaysian ringgit’s USD/MYR pair inched 0.1% lower ahead of the Bank Negara Malaysia’s interest rate decision. The BNM is ...
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
For China, Trump might initiate a 60% tariff, potentially exempting specific product categories to use as a bargaining chip ...
Trump and Xi discussed trade, TikTok and fentanyl, which may set the tone for relations in the early days of the new ...
Global markets await BoJ decision and Trump’s policies. USD/JPY and AUD/USD trends hinge on central bank moves and ...
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
Major revisions made to the tool, according to the PBOC statement, include lowering the self-funding ratio requirement to 10 ...
Finfluencer Akshat Shrivastava claims, “China's net exports is almost 26% of India's GDP.” An in depth analysis on what leading economists have to say on the issue.
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...