Sunday 5 July 2015
 
»
Tag
 
»
Yuan

China to promote cross-border e-commerce

China will increase support for cross-border e-commerce as the world's second-largest economy shifts from manufacturing to higher-value services, the government said. China's e-commerce industry has been booming in recent

More…

Qatar to open Chinese yuan clearing centre in April

The Middle East's first hub for clearing transactions in the Chinese yuan is set to open in Doha, Qatar next month. Speaking at the annual MEED Qatar Projects Conference, Sheikh Abdullah Saoud Al-Thani, governor of Qatar Centr

More…

China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

More…

China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

More…

Dollar hits 11-year high after China rate cut

The dollar hit an 11-year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies. The dollar rose to a

More…

UAE to activate China currency swap soon

The central banks of the United Arab Emirates and China aim to activate their 35 billion yuan ($5.7 billion) currency swap agreement soon, a senior UAE central bank official said on Tuesday. The agreement, designed to facilitate t

More…

Qatar to become first Mideast clearing hub for China's yuan

Qatar will become the Middle East's first hub for clearing transactions in the Chinese yuan, in a step that could over the long run help Gulf oil exporting countries reduce their dependence on the US dollar. Industrial and Com

More…

China signs $6bn currency swap with Qatar

China's central bank has signed a 35 billion yuan ($5.7 billion) currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the US dollar. The deal is expe

More…

Global stocks hit six-year peak on equities

World shares were at a six-year high on Tuesday following a record peak on Wall Street, while moves by China to stamp out easy betting on the yuan triggered the currency's biggest drop in over three years. The upbeat mood amon

More…

ADS to enter UK in 2014, starts pricing yuan

Abu Dhabi-based forex and commodities trading firm ADS plans to gain a licence to operate in the UK by early next year and has become one of the first Middle East brokers to start pricing the Chinese currency for customers in the region, its man

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads