China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
Trump officials tout US energy dominance as global oil execs warn of supply crisis
HOUSTON, March 26 (Reuters) – U.S. officials this week said the historic spike in fuel prices during the…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
How China opened the door to creating a direct rival to US payment systems
China’s recent changes to the rules governing its global payment system could pave the way for turning it…
Gold prices jump as the U.S. economy loses 92k jobs
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
China’s sovereign debt is becoming a strategic alternative to US Treasuries: economist
China’s sovereign debt is emerging as a strategic alternative to US Treasuries as global investors look for geopolitical…
Can China’s roaring trade engine power the yuan’s challenge to the US dollar?
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political…
New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief
The new 10 per cent global tariffs imposed by the United States will have only a “limited impact”…
The U.S. K-shaped economy just keeps getting worse – LegalShield’s Layton
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
BoE keeps rates unchanged but vote shows growing support for a rate cut – KITCO
BoE keeps rates unchanged but vote shows growing support for a rate cut KITCOUK interest rates kept on hold…