Yuan

UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan
UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan
UOB has successfully priced a three-year, five billion yuan (S$923 million) bond at 2.3 per cent, marking its first “panda” bond, or yuan note from offshore issuers, in China’s...
China traders bet PBOC will keep yuan in hand even if Trump wins
China traders bet PBOC will keep yuan in hand even if Trump wins
CHINA’S domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.A gauge of one-month...
China rolls out 800 billion yuan funding schemes to bolster stock market
China rolls out 800 billion yuan funding schemes to bolster stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18), that will initially pump as much as 800 billion yuan (S$147.6 billion) into the stock market through...
China rolls out 800 billion yuan funding schemes to bolster stock market
China kicks off 800 billion yuan funding schemes to support stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18) that will initially pump 800 billion yuan (S$147.6 billion) into the stock market through newly-created monetary policy...
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
Sasseur Real Estate Investment Trust’s (Sasseur Reit) manager reported record-high aggregate sales of 276.1 million yuan (S$51 million) across its four outlets in China over the seven-day Golden Week...
Citic Securities is the first firm to tap China’s 500 billion yuan swap facility, media reports
Citic Securities is the first firm to tap China’s 500 billion yuan swap facility, media reports
CHINA’S Citic Securities has been given the nod to obtain 10 billion yuan (S$1.8 billion) in liquid assets from a new swap facility set up to aid the stock...
Yuan drags Asian currencies as China’s spending plans disappoint
Yuan drags Asian currencies as China’s spending plans disappoint
CHINA’S onshore yuan had its worst day in more than a year after a week-long break, fuelling a broader weakening among Asian currencies as traders rolled back bets on...
Yuan drags Asian currencies as China’s spending plans disappoint
Yuan drags Asian currencies as China’s spending plans disappoint
CHINA’S onshore yuan had its worst day in more than a year after a week-long break, fuelling a broader weakening among Asian currencies as traders rolled back bets on...
LG Display to sell stake in its Chinese LCD plant to TCL CSOT for 10.8 billion yuan
LG Display to sell stake in its Chinese LCD plant to TCL CSOT for 10.8 billion yuan
SOUTH Korea’s LG Display said on Thursday (Sep 26) it had agreed to sell its stake in its large liquid crystal display (LCD) plant in Guangzhou, China, to TCL’s...
China weighs injecting 1 trillion yuan of capital into top banks
China weighs injecting 1 trillion yuan of capital into top banks
CHINA is considering injecting up to 1 trillion yuan (S$183 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to...