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SHANGHAI: China's yuan slipped to a near three-week low against the dollar on Friday and was heading for a second straight weekly loss, as the intensifying Middle East conflict fuelled safe-haven ...

India's Ministry of External Affairs debunked "fake news" claiming Indian tankers paid Chinese Yuan to transit the Strait of Hormuz, confirming the Navy is safely coordinating vessel movements amid ...

As reports emerged last week on which ships Iran had let through the Strait of Hormuz, India-bound carriers of LPG among them, one group was no surprise: vessels carrying Iranian crude exports. By ...

The fake posts seemed to be part of a smear-campaign against India as they called the alleged Yuan payment a matter of "national humiliation." ...

Two monetary and currency paradoxes emerge as the war rages. First, there is likely an immediate episode of some monetary disinflation, never mind the widespread concern about a looming jump in ...

SHANGHAI/BEIJING-China will allow a dozen additional banks to handle its digital renminbi, three people with knowledge of the plans said, as Beijing pushes to accelerate use of the digital currency ...

A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange reserves – with a focus on US Treasuries – calling for its world-leading forex ...

YANGON: The Myanmar Investment Commission (MIC) has announced that it will accept Chinese yuan in addition to US dollars for foreign investment activities, according to a statement released on March ...

[SHANGHAI/BEIJING] China will allow a dozen additional banks to handle its digital yuan, three people with knowledge of the plans said, as Beijing pushes to accelerate use of the digital currency ...

China is set to include 12 more commercial banks under the umbrella of its central bank-backed digital currency, the latest move by Beijing to scale up adoption of the digital yuan, also known as the ...