Emma Raducanu beats Yue Yuan to reach Korea Open quarter-finals
Yue, the world number 40, recovered an early break in the opening set but Raducanu landed another blow in the ninth game before taking her…
Asian Stocks Set For Gains, Eyes on Daily Yuan Fix: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a…
The De-Dollarization of World Economy: Xi-Putin Agreement, Saudi Arabia’s Shift to Yuan
The global economy has been dominated by the US dollar as the world’s reserve currency for decades, but recent developments have raised questions about the…
Reuters: Yuan catapults China to second-biggest trade funding currency
Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalizing on rock-bottom…
De-dollarization: IMF hints at allowing countries to use Chinese Yuan for debt repayment
Two weeks ago, thousands of representatives from businesses and governments from across the world gathered in London to “support Ukraine’s recovery”. But was the gathering…
Argentina’s yuan lifeline sign of brinksmanship between China, US | Business and Economy News
Buenos Aires – There were a lot of thumbs-up signs from Argentine Economy Minister Sergio Massa on a recent trip to Beijing. The packed agenda…