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Saudis join intl digital currency project
China Daily· 10 hours agoSaudi Arabia has joined Project mBridge β a cross-border platform for experimenting with central bank digital currencies for international trade β as a full participant, which experts said will ...
Panda bonds gaining popularity, helping make RMB international
China Daily· 4 days agoFollowing their record high issuance last year, the popularity of panda bonds, or renminbi-dominated...
Chinese Who Lost Money in Bank Fraud Detained for Months After Protest
US News & World Report· 6 days agoWhen Ou Yangyun travelled to the Chinese city of Zhengzhou in February to demand recompense after his bank account containing tens of thousands of dollars was frozen, his family expected him ...
Exclusive: Qatar sovereign fund agrees to buy 10% stake in China asset manager, sources say
Reuters· 6 days agoQatar's sovereign wealth fund has agreed to buy a 10% stake in China's second-largest mutual fund...
BOC Serbia starts RMB clearing business
China Daily· 6 days agoThe Bank of China (BOC) Serbia, the authorized clearing bank for renminbi (RMB) business in Serbia, conducted its first cross-border RMB remittance business on Monday.
China's exports rise solidly, but slower imports temper outlook By Reuters
Investing.com· 3 days ago"China's exports maintained strong year-to-date growth momentum in May, which mainly reflects the...
China moves to improve social credit system
China Daily· 5 days agoChina's National Development and Reform Commission on Tuesday unveiled a plan to further develop the country's social credit system. According to the plan, the country will accelerate legislation ...
Bloomberg BFIX Introduces First Value T+1 FX Fixing Rates - Traders Magazine
Traders Magazine· 6 days agoBanks can use BFIX T+1 benchmarks to match or βnetβ orders to reduce credit impact at scale.
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback...
Business Insider via Yahoo Finance· 6 days ago"The goal is to minimise the negative consequences of the West's comprehensive sanctions against...
The three-day Treasury rally morphed into a four-day advance yesterday
The Forex Market· 5 days agoThe common theme is some worry on (US) growth momentum. Oil prices trade $7/b lower (Brent) over the...