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    China’s yuan edges up due to de-escalation in Sino-US tensions

    China’s yuan edges up due to de-escalation in Sino-US tensions

    07 Feb 2023

    China’s yuan edged higher on Tuesday from a one-month low against the dollar hit a day earlier, supported by signs of de-escalation in Sino-US tensions. Currency traders said market sentiment...

    Chinese stocks saw the worst day in a month, yuan tumble

    Chinese stocks saw the worst day in a month, yuan tumble

    28 Nov 2022

    Chinese stocks on Monday saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests against strict COVID-19 curbs in the world’s second-largest...

    China’s yuan ends at 26-month low in busy week for global CB meetings

    China’s yuan ends at 26-month low in busy week for global CB meetings

    19 Sep 2022

    China’s yuan ended at a fresh 26-month low on Monday and traded below the psychologically critical 7-per-dollar level, pressured by bets for another big rate hike from the US Federal...

    China August new bank loans rise to $189.5 billion, miss forecast

    China August new bank loans rise to $189.5 billion, miss forecast

    10 Sep 2021

    New bank lending in China rose less than expected in August from a nine-month low seen in the previous month, as investors debate over whether more stimulus is needed...

    Chinese regulators fine big firms over anti-monopoly law

    Chinese regulators fine big firms over anti-monopoly law

    30 Apr 2021

    China fined 11 companies including technology giant Tencent on Friday, taking aim at their acquisitions and joint ventures as authorities target monopolistic practices. The penalties come weeks after e-commerce giant...

    FAB issues Formosa bond globally

    FAB issues Formosa bond globally

    04 Aug 2020

    First Abu Dhabi Bank (FAB), recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25 billion five-year issuance. Despite the GCC-wide...

    China loans touch $405 billion as central bank brings stimulus

    China loans touch $405 billion as central bank brings stimulus

    11 Apr 2020

    China’s loans surged as coronavirus stimulus kicked into save the economy. New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing...

    China’s forex reserves ease to $3.096 trillion in November

    China’s forex reserves ease to $3.096 trillion in November

    07 Dec 2019

    China’s foreign exchange reserves fell $9 billion in November to $3.096 trillion, central bank data showed on Saturday, as Washington and Beijing remained locked in negotiations over an interim trade...

    China bank loans rise in August, further policy easing expected

    China bank loans rise in August, further policy easing expected

    13 Sep 2019

    China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade...

    Hong Kong stocks slump most in Asia, yuan declines to 11-year low

    Hong Kong stocks slump most in Asia, yuan declines to 11-year low

    26 Aug 2019

    China’s yuan fell to an 11-year low against the dollar on Monday and stocks dropped as the Sino-US trade war sharply escalated, threatening to inflict more damage on the world’s...

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