China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019. View on euronews ...

Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya is negotiating with China to extend repayment terms and ...

Kenya’s repayment of the SGR loan is currently in US dollars, meaning the government must constantly buy large amounts of dollars from the market to meet repayment obligations. This creates extra ...

The lion’s share of yuan transactions take place in Hong Kong. The U.S. dollar’s share as a global payment currency was over ...

The soaring popularity of its collectible toys, particularly the Labubu doll, is allowing POP MART to experience unprecedented growth. The company’s latest financial report is a testament to the brand ...

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.

One interesting snippet for FX markets in those FOMC minutes were remarks that the available data showed 'relative stability' ...

In a major reversal of its stance towards digital assets, China’s State Council plans to approve new yuan internationalisation plan later this month ...

Sunny Optical’s revenue and earnings are largely derived from manufacturing camera lenses and modules for smartphones, automobiles, and extended reality, or XR, devices. Sunny has become the largest ...

China is considering yuan-backed stablecoins to boost global use of its currency, marking a major policy shift from its crypto ban. Hong Kong, Shanghai to lead rollout.