Questions around the reliability of the US greenback are dulling the luster of what was the world’s currency of trade. New, ...
Retired Chinese official Li Chuanliang was recuperating from cancer on a Korean resort island when he got an urgent call: Don’t return to China, a friend ...
The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights ...
The Chinese government is using an increasingly powerful tool to cement its power at home and vastly amplify it abroad: ...
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TL;DR: Nintendo shares dropped nearly 5%, losing $14 billion due to rising DRAM and NAND prices impacting Switch 2 production costs. Memory chip price hikes, including 41% for DRAM and 8% for NAND, ...
Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for 2026.
The Powerball jackpot has risen to an estimated $1 billion after nobody held the lucky grand prize ticket in Wednesday’s drawing. The winning numbers were 10, 16, 29, 33, 69, and red Powerball 22, ...
President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months. By Keith Bradsher Reporting from Beijing China got the ...
BEIJING: China’s major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people with ...
State banks have smoothed yuan's gains Shift in trading style stymies long yuan bets - sources Yuan dips on Reuters report Dec 4 (Reuters) - China's major state-owned banks bought dollars in the ...