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Russian central bank chief calls for 'open economy'
AFP via Yahoo Finance· 20 hours agoRussia's central bank chief called Thursday for Russia to be an "open economy" despite the barrage of Western sanctions and trading restrictions it has...
China’s Trade Balance: Surplus expands in May amid a bigger-than-expected exports surge
The Forex Market· 2 hours agoChina's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from...
Asia FX muted, dollar nurses weekly losses with nonfarm payrolls in focus By Investing.com
Investing.com· 1 hour agoSentiment towards risk-driven assets improved this week following interest rate cuts from the...
Russia's economy is growing, but can it last?
BBC via Yahoo Finance· 1 day agoChina has become a lifeline for the Russian economy. Trade between the two countries hit a record $240bn (£188bn) last year. Walk around St...
Chinese who lost money in bank fraud detained for months after protest
WSAU Wausau· 2 days agoSHANGHAI (Reuters) - When Ou Yangyun travelled to the Chinese city of Zhengzhou in February to...
Morning Bid: Global risk rally hinges on payrolls
Reuters via Yahoo Finance· 18 minutes agoClosely watched U.S. nonfarm payrolls data on Friday marks the final piece in an eventful week that's been nothing short of a boon for the global rate...
Asia shares set for weekly gain on rate-cut rally
Reuters via Yahoo Finance· 2 hours agoFederal Reserve could soon follow suit. The European Central Bank (ECB) delivered a well-telegraphed rate cut on Thursday, a day after the Bank of Canada...
The strange tale of a $457 million deposit, 100 million masks from China, and one tiny bank
Semafor via Yahoo Finance· 7 hours agoA US bank regulator has been asked to look into a 2020 wire transfer that has roped the Republican...
China: China Had a Bad Year
Strategy Page· 1 day agoFor example, by mid-2023 Chinese manufacturing activity had shrunk for five months in a row. This was one of several indicators that the Chinese
Wall Street is contorting to replace China trade
Reuters· 18 hours agoWestern investment banks spent years going all-in on China. Last year, fees paid to investment banks by Chinese companies fell more than a quarter to...