Regulators want banks to channel more offshore yuan into global markets, as the city pushes to deepen the currency’s role in international finance. Read More: Hong…
Understanding Currency Settlement in Global Commodity Markets The transformation of payment systems in iron ore trading represents one of the most significant shifts in global financial…
The third and final part of the decoupling series looks at how Hong Kong’s financial system is crucial for China to advance the internationalisation of the…
A Chinese bank worker prepares to count a stack of US dollars together with stacks of 100 Chinese yuan notes at a bank in Hefei, east…
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world’s “bank for central banks” said,…
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.Athit Perawongmetha |…