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Zimbabwe Seeks Full Convertibility of ZiG Currency, Finance Chief Says
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Zimbabwe will seek full convertibility of its newcurrency, the ZiG, as a way to...
China's economic gambit could nuke Putin's dollar ploy
Newsweek· 2 days agoEconomists call it the "nuclear" option but speculation that China might devalue its currency the...
Sanctions Reach Won't Disrupt The Dollar's Reserve Currency Status
The Forex Market· 1 day agoIn recent times, the U.S. dollar's status as the global reserve currency has been questioned, more...
Exclusive-China firms go 'underground' on Russia payments as banks pull back
MSN News· 6 days ago(Reuters) - An appliance maker in southern China is finding it hard to ship its products to Russia,...
CME Saw Busiest Day for Yen Trades Since 2016 as Currency Surged
Bloomberg via Yahoo Finance· 4 days agoMost Read from BloombergHSBC CEO Quinn Unexpectedly Steps...Fortunes Are Set to Grow, Even in...
Yen Traders See Uphill Battle for Japan to Halt Currency’s Slide
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Currency traders warned Japan’s government that it will need to repeatedly act to...
Yum China (NYSE:YUMC) Misses Q1 Sales Targets
StockStory via Yahoo Finance· 5 days agoFast-food company Yum China (NYSE:YUMC) missed analysts' expectations in Q1 CY2024, with revenue up 1.4% year on year to $2.96 billion. It made a...
China’s US Treasury Holdings Becoming ‘Hostages,’ Academic Warns
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- China needs to further reduce its Treasuries holdings, in part to lessen the...
How China and Russia are reportedly using 'underground' channels to get around sanctions
Business Insider via Yahoo Finance· 5 days ago"Transactions between China and Russia will increasingly go through underground channels," a Chinese...
China’s $170bn gold rush triggers Taiwan invasion fears
The Telegraph via Yahoo Finance· 5 days agoChina has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that...