Ringgit ends flat against US$ as China’s stimulus measures underwhelm

[ad_1] KUALA LUMPUR: The ringgit ended flat against the US dollar today with the local note tracking the Chinese yuan’s weakness as China’s latest stimulus measures fell below expectations, said…

Asian shares subdued, yen and yuan hover near 8-mth troughs

[ad_1] SYDNEY: Asian shares were sudued on Thursday after global central banks reaffirmed their inflation-fighting resolve, warning rates may need to rise further, while the yen and the Chinese yuan…

Argentina chooses Chinese Yuan over US dollar amid economic crisis

[ad_1] Argentina’s economic crisis and South American nation’s continued reliance on the US dollar has resulted into an opportunity for Chinese Yuan that Bejing didn’t see coming. Many leading companies…