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updated Sat. January 13, 2018 reload page to refresh

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MAINBOARD-LISTED Sunpower Group's wholly owned subsidiary Jiangsu Sunpower technology Co has been awarded a 34.98 million yuan (S$7.2 million) contract - its first in the flue gas desulphurisation market. The group will provide engineering, procurement and construction services to Yangquan ...
The Chinese yuan in 2015 took a important step towards becoming a major global reserve currency when the IMF added to its currency basket, the Special Drawing rights. But central banks worldwide are still guarded about the currency. The dollar and Euro combined account for 83.5% of the allocated foreign exchange ...

The Platts ex-works Shanxi daily spot alumina assessment firmed yuan 30/mt ($4.62/mt) on Wednesday to yuan 2,710/mt cash, on a bid-ask spread of yuan ... market talk was rife that a spot trade had been done at yuan 3,100-3,130/mt cash this week, which followed another spot deal concluded at a much ...
China's central bank guided the yuan to its highest level against the U.S. dollar in more than a year and a half on Wednesday, following the dollar's overnight slide against global currencies. The People's Bank of China set the dollar's daily reference rate at 6.4920 yuan, meaning the Chinese currency was ...
Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration. Beijing has already committed to investing around $60 billion in the country by 2030 under a long-term plan of development cooperation with Islamabad, known as the China Pakistan ...
The Chinese yuan gained over 7% against the Dollar in 2017; it approached major resistance levels at the year end. High-quality of growth will be China's major theme in 2018; prudent monetary policy will continue to apply. Curbing financial risks will be PBOC' primary target in 2018; other risks are seen ...
Islamabad: With the growing cooperation with China following implementation on China-Pakistan Economic Corridor (CPEC) plan, Pakistan is considering using Chinese currency instead of US dollar for bilateral trade to avoid the constant process of converting yuan and Rupees into the dollar. This was ...
As the largest energy consumer China is interested in having oil contracts in yuan. Beijing plans to introduce its own oil benchmark which will rival Brent or West Texas Intermediate. Experts say Chinese authorities will need to first convince large oil producers and consumers to use the yuan and invest in ...
Beijing--Britain and China pledged Saturday to promote London as a center for offshore use of Beijing's currency and cooperate in clean energy research and promoting trade as the United Kingdom prepares to leave the European Union. Officials announced the agreements following an economic ...
Ho Pei-chen (賀培真), a specialist with the central bank said the increase in November's yuan deposits largely came from swelling deposits received by the banks' DBUs on the back of more yuan-denominated investments by institutional customers. yuan deposits taken by banks' DBUs at the end of ...
Shanghai: China's yuan inched up against the US dollar on Friday, poised for a winning week as the US currency comes under pressure from concerns about the progress of US tax ... Some analysts said the PBOC can be expected to safeguard the yuan amid rising US rates by continuing to tighten.
Beijing, Nov. 23 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 269 basis points to 6.6021 ...
The yuan's official midpoint was set at 6.6021, 0.41 percent firmer than the previous fix of 6.6290. The yuan breached the key mark of 6.6 to the ...

China's yuan jumped to its highest in three weeks against the dollar on Thursday, breaching a key threshold, after a much stronger official fixing ...
Shanghai: China's yuan eased slightly against the US dollar on Tuesday, following a weaker official midpoint and strength in the greenback.
Pakistan refuses to allow free use of yuan for CPEC projects ... official that Pakistan was not ready to allow the Chinese yuan (renminbi) for free ...
China's yuan drifts lower despite firmer midpoint ... On Monday morning, the yuan was mainly tracking the dollar's moves in global markets.
The Chinese yuan in both onshore (CNY) and offshore (CNH) outperformed eight G10 currencies this week, only losing to the New Zealand ...
Moscow and Beijing are looking to extend the three-year $25 billion yuan-ruble swap deal and seek greater use of domestic currencies in trade ...
currency strategists and traders say China is leaving nothing to chance during next week's visit by President Trump, and will likely prop up the ...
China is leaving nothing to chance during next week's visit by U.S. President Donald Trump, and will likely fortify the value of the yuan -- a ...
CITIC Envirotech (CEL) bagged its largest project to date in Lanzhou City, China worth 4.6 billion yuan consisting of a public-private ...
Beijing, Nov. 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 97 basis points to 6.63 against ...
Beijing, Oct. 31 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 90 basis points to 6.6397 ...
Shanghai, Oct 30 (Reuters) - China's yuan inched up against the U.S. dollar on Monday on slightly heavier corporate dollar selling and in line ...
China is reported to be setting up a futures market using its own yuan currency and also will introduce an oil benchmark priced in yuan in ...
Beijing hopes to challenge the dollar by setting up a futures market with its own currency, the yuan. To that end, reports indicate that China is ...
The Chinese yuan lost against the U.S. Dollar and the Japanese Yen this week, but outperformed the rest of G10 currencies. For China, this ...
Reporting from Denpasar, Indonesia, Damon Evans wrote, "China is expected shortly to launch a crude oil futures contract priced in yuan and ...
On behalf of the bank, I'll just let you know trading is permitted plus or minus 2% from this rate ... anything further will be met with stern ...
... 64GB iPhone X in the countries where it will be available for purchase and ranked them in terms of their dollar, yuan, and pound equivalents.
Shanghai, Oct 24 (Reuters) - China's central bank will inject 250 billion yuan ($37.66 billion) into money markets on Tuesday, traders said.
BNP Paribas has reopened a bullish bet on iron ore, saying there's scope for gains in what will be a further test for a new model that crunches ...
China's yuan eases on weak fixing, dollar momentum ... As of midday, onshore spot yuan was changing hands at 6.6322, 127 pips weaker than ...
China's yuan eases on a rising dollar, set for weekly loss ... He expects the onshore yuan to swing in a 6.5 to 6.7 per dollar range in the ...
In the previous editions of the market Overview, we have already analyzed the relationship between gold and some major world currencies, ...
The offshore yuan extended losses against the U.S. Dollar for the fourth consecutive week, amid the continued Dollar strength. As of the Friday ...
China's yuan is heading for its biggest quarterly advance since 2011 but the noticeable sharp reversal in the currency this week highlights ...
Venezuela's choice to price its oil in yuan is an interesting, if not toothless maneuver, that goes against earlier reports that it would favor the ...
China's yuan weakened against the U.S. dollar on Monday after the government scrapped measures meant to prop up the currency.
The largest energy consumer, China, is interested in having oil contracts in yuan. Beijing plans to introduce its own oil benchmark which will rival Brent or West Texas Intermediate. analysts say Chinese authorities will need to first convince large oil producers and consumers to use the yuan and invest in ...
The yuan USDCNY, -0.2257% also known as the renminbi, has gained 4.3% against the U.S. dollar this year, with one dollar buying 6.6443 ...
China's yuan is likely to become one of the world's strongest currencies, even as concerns mount over slowing growth in the world's second ...
China watchers are always looking for new ways to gauge capital flows and pressure on the yuan. The most reliable indicators--FX settlement ...
"I have decided to start selling oil, gas, gold and all other products that Venezuela sells with new currencies, including the Chinese yuan, the ...
A rapid ascent in the Chinese yuan (CNY) has resulted in the highest Sharpe Ratio, a measure of returns relative to the risk-free rate, among ...


 

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