Tuesday, May 5, 2026
Today's Print

Tag: Yuan

China’s central bank vows to crack down on yuan speculation

BEIJING, China­—China’s central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country’s currency...

China’s yuan at 15-year low on Xi extension

BEIING, China—China’s yuan hit a 15-year low against the US dollar on Tuesday, with investors spooked after President Xi Jinping gained complete dominance over...

China’s yuan hits 15-year low after Xi extends rule

China's yuan hit a 15-year low against the US dollar on Tuesday, with investors spooked after President Xi Jinping gained complete dominance over the...

Huawei reports record net profit of CNY113.7B; CFO Meng returns to spotlight

Huawei on Monday reported 113.7 billion Yuan net profits in 2021, up 75.9% year-on-year. "Despite a revenue decline in 2021, our ability to make a...

China halving ATM cap in casinos

SHANGHAI, China"•China is to halve the cash machine limit for certain cardholders visiting the gambling enclave of Macau, in its latest effort to curb...

BSP includes yuan in reserves

The Monetary Board on Monday approved the inclusion of Chinese renminbi (yuan) in the official reserves of Bangko Sentral ng Pilipinas, following the shift...

Yuan declines to 6-year low

SHANGHAI, China"•China’s central bank set the yuan’s central parity rate weaker than 6.7 to the dollar for the first time in six years Monday,...

China’s yuan joins IMF global currency basket

The yuan took on the mantle of a global reserve currency Saturday, a milestone that is seen breathing life into China’s bond markets by...

Yuan trades near 5-week low against the US dollar

China’s yuan traded near a five-week low, with the Federal Reserve’s signals of a potential interest-rate increase putting renewed pressure on Asian currencies. China’s exchange...
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