Adjustment of daily fixing seen as one way to resist depreciation pressure China's central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the ...

Treasury Secretary Scott Bessent said he will hold his first introductory call with his Chinese counterpart on Friday, and reiterated longstanding US calls for its biggest geostrategic rival to ...

If DOGE fails to cut US deficit then what is potential timeline for a U.S. economic collapse similar to the Soviet Union’s (USSR), given a current national ...

Welcome to the Money blog. We're covering a signal from Rachel Reeves that she will cut the cash ISA tax-free limit and a ...

The U.S. dollar dropped against major currencies on Thursday, as investors took a step back and assessed President Donald ...

BEIJING, Feb. 20 (Xinhua) -- The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, investment and financing, with an aim to facilitate ...

Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global ...

President Trump’s new geopolitical strategy of aligning with Russia to counter China is highly controversial and raises ...

China’s central bank governor has offered to deepen financial ties with emerging economies and help them gain a greater voice ...

Crypto has a window—especially before 2026 midterm elections when Republican congressional control might be weakened—to move ...

Bank analysts found that only 10% of the 126 posts Trump had published this time around on sensitive topics had caused clear currency market moves.

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming ...