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…
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…
China’s plan to internationalise yuan quietly takes a step forward as Zambia gets on board
As of January, Zambia has begun collecting taxes and royalties from Chinese mining firms in yuan, and will…
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December – KITCO
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December KITCOUrgent| New data: Sales of existing US…
Fears over China’s trade surplus misplaced as US, Europe also driving trend: analysts
The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in…
Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
India overtakes Japan as world’s fourth largest economy, eyes top 3 in 2026
India has overtaken Japan as the world’s fourth-largest economy – and officials hope to pass Germany within three…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…