In the age of Trump, are ‘safe-haven’ US assets not so safe any more?
For decades, the US dollar has served as the currency of global reserve, the de facto anchor for…
As Trump urges cap on credit card rates, could China follow suit for online loans?
US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent…
China has logged a US$1 trillion trade surplus. Where is all that money going?
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing…
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…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
China issues 11-point policy package to boost consumer spending amid slowing retail sales
China has announced a new policy package to boost household spending by tightening coordination between commerce and financial…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
China rate cuts likely in fourth quarter amid growth concerns: Goldman Sachs
China’s central bank appears increasingly likely to ease its monetary stance in the fourth quarter, according to Goldman…
Ant Group’s Alipay and Tencent’s Weixin Pay embrace China’s cross-border payment system
China’s two largest mobile payment services, Ant Group’s Alipay and Tencent Holdings’ Weixin Pay, have adopted a new…
China’s stock rally poised to run on as household savings pour into equities
Households continued to shift money into mainland China’s US$12.7 trillion stock market last month, suggesting that a rally…
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a…