China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources, according to people familiar with the matter.
China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources, according to people familiar with the matter.
It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?
It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?
The People's Bank of China (PBOC) headquarters in Beijing, China, on Wednesday, June 18, 2025. PBOC Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come.
Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.
Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.
Emerging-market currencies rallied Wednesday, paring losses the day before, as oil prices tumbled on optimism over the outlook for the conflict in the Middle East.
Emerging-market currencies rallied Wednesday, paring losses the day before, as oil prices tumbled on optimism over the outlook for the conflict in the Middle East.
The Indian rupee fell to a new record low, forcing the central bank to intervene. Photographer: Prakash Singh/Bloomberg
Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million).
Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million).
CHENGDU, CHINA - SEPTEMBER 28: A street vendor sells Chinese national flags and panda plush toys as people gather in Tianfu Square ahead of National Day celebrations on September 28, 2024, in Chengdu, China. (Photo by Cheng Xin/Getty Images)
China is considering another green sovereign bond sale in London this year as the nation looks to expand its presence in international debt markets and fund climate action.
China is considering another green sovereign bond sale in London this year as the nation looks to expand its presence in international debt markets and fund climate action.
China may permit record yuan appreciation this year as it tries to boost confidence in its currency and enhance local companies’ purchasing power overseas, according to Stephen Jen, chief investment officer at Eurizon SLJ Capital.
China may permit record yuan appreciation this year as it tries to boost confidence in its currency and enhance local companies’ purchasing power overseas, according to Stephen Jen, chief investment officer at Eurizon SLJ Capital.
The war in Iran is spurring a fresh wave of enthusiasm over prospects for China’s currency to more effectively rival the US dollar.
President Xi Jinping, center, greeted by Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh, on Dec. 7, 2022. Source: Saudi Press Agency/AP Photo
Hong Kong is inviting a number of China-friendly central banks to participate in its gold-clearing system as part of a push to elevate the city as a major bullion-trading hub.
Hong Kong is inviting a number of China-friendly central banks to participate in its gold-clearing system as part of a push to elevate the city as a major bullion-trading hub.
Hong Kong is inviting a number of China-friendly central banks to participate in its gold-clearing system as part of a push to elevate the city as a major bullion-trading hub.
Hong Kong is inviting a number of China-friendly central banks to participate in its gold-clearing system as part of a push to elevate the city as a major bullion-trading hub.
Most emerging-market currencies jumped after US President Donald Trump said the US has held talks with Iran and suspended any further airstrikes against energy infrastructure for five days, sending oil prices tumbling.
Most emerging-market currencies jumped after US President Donald Trump said the US has held talks with Iran and suspended any further airstrikes against energy infrastructure for five days, sending oil prices tumbling.
Most emerging-market currencies jumped after US President Donald Trump said the US has held talks with Iran and suspended any further airstrikes against energy infrastructure for five days, sending oil prices tumbling.
Most emerging-market currencies jumped after US President Donald Trump said the US has held talks with Iran and suspended any further airstrikes against energy infrastructure for five days, sending oil prices tumbling.
Emerging-market currencies and stocks retreated on Thursday, breaking a five day winning streak in a session marked by jitters around the artificial-intelligence boom.
Emerging-market currencies and stocks retreated on Thursday, breaking a five day winning streak in a session marked by jitters around the artificial-intelligence boom.
Investors selling the dollar to buy emerging-market currencies are off to a lucrative start in 2026, with strategists at top banks expecting such strategies to build further on last year’s 18% rally.
Investors selling the dollar to buy emerging-market currencies are off to a lucrative start in 2026, with strategists at top banks expecting such strategies to build further on last year’s 18% rally.
Chinese officials have told the country’s largest tech firms including Alibaba Group Holding Ltd. they can prepare orders for Nvidia Corp.’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to powering artificial intelligence.
Chinese officials have told the country’s largest tech firms including Alibaba Group Holding Ltd. they can prepare orders for Nvidia Corp.’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to powering artificial intelligence.
Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect their investments as Washington cranks up pressure on the Latin American country to increase its economic ties with the US.
Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect their investments as Washington cranks up pressure on the Latin American country to increase its economic ties with the US.
Emerging-market assets halted their recent advance on Thursday, with a gauge of currencies ending the day little changed and stocks falling slightly amid thin liquidity due to the Thanksgiving holiday.
Emerging-market assets halted their recent advance on Thursday, with a gauge of currencies ending the day little changed and stocks falling slightly amid thin liquidity due to the Thanksgiving holiday.
Anmelden
