China ramps up yuan support as fixing tops estimates by record
CHINA signalled continued support for its currency as broad strength in the US dollar kept the yuan close to a ...
Tag: Yuan
China sets yuan fixing with strongest upward bias since 2018
CHINA’S central bank ramped up support for the yuan in its daily guidance on Thursday (Apr 11) after an overnight ...
China’s yuan red line response has traders eyeing Monday fix
TRADERS will keep a closer eye than usual on Monday (Apr 8) on China’s daily yuan reference rate, looking for ...
Beijing nudged Syngenta to withdraw 65 billion yuan Shanghai IPO on market weakness: sources
CHINESE authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed US$9 billion IPO in ...
Steady US dollar has yen pinned near key level of 152
THE US dollar index held near its highest level in over four months on Wednesday (Apr 3), pinning the yen ...
US dollar hits 5-month high while jawboning supports yen
THE US dollar hit its highest in almost five months on Tuesday (Apr 2) as stronger-than-expected economic data caused investors ...
China’s ICBC to provide 300-billion yuan in tourism financing
THE Industrial & Commercial Bank of China (ICBC) will offer 300-billion yuan (S$56.1 billion) in financing to boost the nation’s ...
Sembcorp takes out offshore loan facility of 400 million yuan
SEMBCORP Energy (Shanghai), a wholly owned subsidiary of Sembcorp Industries : U96 0%, signed a dual currency-denominated revolving credit facility ...
US dollar gains as inflation data looms; yen on intervention watch
THE US dollar gained on the euro and pound on Thursday (Mar 28) after a US Federal Reserve policy maker ...
China’s yuan a standout funder for emerging-market carry trade
THE historic end to super-easy monetary policy in Japan and a surprise rate hike in Taiwan have strengthened the yuan’s ...
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