SINGAPORE/HONG KONG (Reuters) - China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S.

New bank lending in China plunged more than expected in February after hitting a record high in January. Total lending would ...

The USD/CNY exchange rate rose to a high of 7.3495, its highest level since 2008. It has jumped by over 16% from its lowest ...

That could change with the PBOC explicitly setting the daily mid-point beyond the 7.2 level. In other words, the move signals ...

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China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the ...

Anyone doing business with China quickly notices something strange: it has two official currencies. What's more, the two ...

U.S. and global markets of all stripes delivered their verdict on U.S. President Donald Trump’s sweeping new tariffs, and it ...

If you’ve ever tried to pay with cash in China and been met with a blank stare—or worse, held up a line while the cashier ...

Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan ...

Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...

Shares of China's big state-owned banks rose in morning trade on Monday after lenders unveiled recapitalisation plans to ...