A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence ...
The yuan exchange rate against the ruble was flat compared with previous closing as trading opened at 13.6 rubles. As of 10:25 a.m. Moscow time (07:25 a.m. GMT), the MOEX was down by 1.24% at 2,729.68 ...
Shares are mixed in Asia after a lackluster finish on Wall Street following a report showing an uptick in inflation in the U.S. last month. The dollar was trading at 156 Japanese yen. On Wednesday, ...
Net profit dropped 17% to 6.54 billion yuan, equivalent to $905.3 million, NetEase said Thursday, missing the 7.45 billion yuan estimate from a FactSet poll of analysts. That marked its second ...
The Bank of Russia is buying and selling foreign exchange in the domestic market in the currency section of the Moscow Exchange with the use of the yuan-ruble instrument ...
The Asian currency positioning poll is focused on what analysts and fund managers believe are the current market positions in nine Asian emerging market currencies: the Chinese yuan, South Korean won, ...
Chinese premium electric vehicle maker Zeekr will take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, ...
Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since early July on rising concerns that the U.S. President-elect Donald ...
Geely Automobile nearly doubled its profit and grew revenue by 20% in the third quarter, driven by strong sales and an improved product mix. The Chinese automaker said Thursday that net profit surged ...
China moved to support the under-pressure yuan for a second day, through its daily reference rate for the managed currency.
The forwards market is signaling expectations for further yuan losses as the currency is pressured by US President-elect ...
It’s anyone’s guess how the People’s Bank of China governor will navigate the many shocks the former and future U.S.