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Chinese currency

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China: trading rallies after volatile start to 2016

Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has

Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has

Business

IMF allows Chinese yuan to enter the jet set currency club

The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y

The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y

Business

China's yuan looks set to join the currency jet set

China is looking to have the yuan added to the IMF special basket of currencies to make to it more attractive to investors. China's yuan is joining

China is looking to have the yuan added to the IMF special basket of currencies to make to it more attractive to investors. China's yuan is joining

Business

China's yuan to join IMF currency basket - sources

The Chinese yuan is set to be included in the IMF’s benchmark currency basket, according to reports. Sources say a draft report by International

The Chinese yuan is set to be included in the IMF’s benchmark currency basket, according to reports. Sources say a draft report by International

Business

China's foreign reserves suffer biggest monthly fall on record

China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank

China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank

Business

The currency war intensifies after China devalues the yuan

One week after the People’s Bank of China devalued the yuan Business Middle East focuses on reactions to the central bank’s latest action which was

One week after the People’s Bank of China devalued the yuan Business Middle East focuses on reactions to the central bank’s latest action which was

Business

US crude oil prices plunge

Global oversupply, huge stockpiles and refinery shutdowns have led to plunging prices for US crude oil. It tumbled by 3 percent on Thursday and by

Global oversupply, huge stockpiles and refinery shutdowns have led to plunging prices for US crude oil. It tumbled by 3 percent on Thursday and by

Business

Markets rebound as concerns ease over China's economy

Britain’s top equity index the FTSE 100 ended flat as easing concerns over China’s economy helped to offset the impact of falling oil prices.

Britain’s top equity index the FTSE 100 ended flat as easing concerns over China’s economy helped to offset the impact of falling oil prices.

Business

China's yuan drops for a third day

Another day and another chance for China’s central bank to lower the guiding rate for the yuan. It is the third consecutive time the bank has taken

Another day and another chance for China’s central bank to lower the guiding rate for the yuan. It is the third consecutive time the bank has taken

News

Currency moves in China and Google's Alphabet fleet

China started devaluing its tightly controlled currency this week. Following the decision in the world’s second biggest economy, we focus on

China started devaluing its tightly controlled currency this week. Following the decision in the world’s second biggest economy, we focus on

Business

China cuts interest rates as Yuan targets IMF

Despite a sluggish economy and a sliding stock market, Chinese officials recently met with the IMF to discuss the evaluation of the yuan becoming an international currency.

Despite a sluggish economy and a sliding stock market, Chinese officials recently met with the IMF to discuss the evaluation of the yuan becoming an international currency.

Business

China and Middle East strengthen ties despite growth dip

Recent data has shown that growth in China has slowed to its lowest rate in the almost 25 years. Despite the slowdown, China is still a steadily

Recent data has shown that growth in China has slowed to its lowest rate in the almost 25 years. Despite the slowdown, China is still a steadily

Business

China moves slowly on yuan convertibility

China continues to develop special trade zones to lure foreign investment and as part of the process of liberalising and internationalising China’s

China continues to develop special trade zones to lure foreign investment and as part of the process of liberalising and internationalising China’s

Business

Chinese growth 'encouraging'

Growth in China’s services sectors rose in March thanks to a construction boom and firmer demand from improving economic conditions; that includes

Growth in China’s services sectors rose in March thanks to a construction boom and firmer demand from improving economic conditions; that includes

Business

Suntech runs into bad weather

A cloudy outlook for Suntech, one of the world’s leading solar panel makers. In the face of falling prices due to oversupply, the Chinese

A cloudy outlook for Suntech, one of the world’s leading solar panel makers. In the face of falling prices due to oversupply, the Chinese

Business

China praised for easing yuan rules

The Chinese currency, the yuan, has been trading for the first time since the country’s central bank relaxed its foreign exchange rules. The

The Chinese currency, the yuan, has been trading for the first time since the country’s central bank relaxed its foreign exchange rules. The

News

China to speed up economic reforms

China’s leadership says it will introduce economic reforms and allow its currency to float to bolster growth. It came at the country’s annual

China’s leadership says it will introduce economic reforms and allow its currency to float to bolster growth. It came at the country’s annual

Business

London to boost yuan trade

Britain is teaming up with Hong Kong to secure London a top spot as an offshore trading centre for the Chinese currency the yuan. The move is part

Britain is teaming up with Hong Kong to secure London a top spot as an offshore trading centre for the Chinese currency the yuan. The move is part