(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...
The Chinese government, which had allocated 81 billion yuan, or $11 billion, for the trade-in program, said on Wednesday that the program had yielded positive results. Li Gang, a Chinese commerce ...
For the 3's SUV sibling, the Model Y compact crossover, the internal nickname is "Juniper." Whatever you call the new Y, it marks a huge step forward for Tesla's global best seller—not only ...
(Bloomberg) -- China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids. Buyers who trade in an old ...
(Bloomberg) -- China’s yield discount to the US has expanded to a fresh record, aggravating the challenge for a central bank that’s already fighting gravity to support the yuan. The ...
(Bloomberg) -- China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster. The People’s Bank of China ...
On Monday, China's tightly controlled yuan weakened to its lowest in 16 months while the blue-chip stock index touched its weakest since the end of September, slipping as much as 0.9% on the day ...
the dollar has dialled back a bit on Monday - with Chinese officials mobilising to steady the yuan as it plumbed 16-month lows and threatened pivotal historical levels around 7.35 per dollar.
The picture in China could not be more different. As investors position for a year of policy easing and liquidity provision from Beijing, the yuan and bond yields are coming under heavy downward ...
China saw 109 issuances of panda bonds last year at a volume of 194.8 billion yuan (US$26.7 billion) according to Wind, a Chinese financial data provider. This marked a 16 per cent increase in the ...
(Bloomberg) -- The onshore yuan weakened past a level that China had been defending throughout December, opening up room for the managed currency to drop further amid a sluggish economy.
(Bloomberg) -- China’s ironclad grip on the onshore yuan is leading to an unintended side effect. In a potential pitfall for exporters, the yuan has surged to the strongest level since October ...