It is a signal he is open to heading off a brewing trade fight between Washington and Beijing. Read more at straitstimes.com.

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 16 pips to 7.1696 against the U.S.

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

Alibaba Group (BABA) on Thursday reported stronger-than-expected fiscal third-quarter results buoyed by a double-digit revenue gain in its cloud business. The Chinese e-commerce giant posted adjusted ...

Thomas Ruecker / Getty Images The term “Chinese yuan renminbi (CNY)” refers to the currency used in the People’s Republic of China. Although it may seem a little confusing because the names ...

The Secretary for Financial Services and the Treasury, Christopher Hui, says the administration is working to make renminbi ...

In the past, the Middle East and Asia had significant current account surpluses by exporting a large amount of oil and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...

China has kept the renminbi’s exchange rate with the dollar steady in its first official currency fix since US President Donald Trump hit the country with tariffs. The People’s Bank of China on ...

The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau.