[ad_1] BEIJING: China’s President Xi Jinping on Tuesday stressed the high-quality development of China’s financial sector and vowed to accelerate the creation of a modern financial system with Chinese characteristics,…
Tag: China's yuan
China’s yuan steady
[ad_1] SHANGHAI: China’s yuan was largely flat on Friday as regulators continued to support the currency amid expectations that policymakers will need to unveil more economic support measures soon. Data…
Yuan hits one-month low
[ad_1] SHANGHAI: China’s yuan weakened to a one-month low against the dollar on Wednesday, weighed down by growing market expectations of further monetary easing in the world’s second largest economy.…
China, Hong Kong stocks drop on hawkish US Fed stance
[ad_1] HONG KONG: China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the US Federal Reserve’s hawkish policy statements signalled another rate hike by…
China and Hong Kong shares fall on weak credit data
[ad_1] SHANGHAI: China and Hong Kong stocks fell on Monday as investor sentiment remained subdued after disappointing credit data added to worries about China’s slowing economy, compounded by property shocks.…