Over the past week, the U.S. Dollar Index ( DXY ), which measures the dollar against a basket of six major currencies, rose 0.19%, as stronger U.S. economic data helped the currency register another ...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...
South Korean customs busted a $107 million crypto laundering operation run by three Chinese nationals. The ring disguised ...
Questions over the US Federal Reserve’s independence are rattling confidence in the dollar just as Beijing accelerates ...
A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. [Photo/IC] The central parity rate of the Chinese ...
Alongside Taedonggang Beer, which was already widely known, and Tumangang Beer, an emerging contender actively promoted by ...
Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest ...
A documentary on state television highlights how a senior central bank official was bribed with a digital currency.
Yao Qian was removed from the Communist Party in 2024. Investigators say he took bribes in Ethereum. Former subordinate admits setting up a wallet for Yao’s bribes.
Investors are ramping up bets on China's stocks and currency as 2026 kicks off, signalling a more decisive shift into the ...
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...