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China backs yuan to strongest level in nearly a year as US trade war hits markets

China backs yuan to strongest level in nearly a year as US trade war hits markets

China stepped in on Wednesday to support the yuan, showing how far Beijing is willing to go to keep its currency stable as the trade war with the U...
Hong Kong and China launch blockchain pilot for cross-border credit verification

Hong Kong and China launch blockchain pilot for cross-border credit verification

Hong Kong and China have announced a collaboration to test blockchain links for credit verification.
US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US sees new low in biggest dealers stake as Treasury sells $22 billion of 30-year bonds

US Treasury Secretary Scott Bessent sold $22 billion of 30-year bonds on Thursday, and the result revealed a new low for America’s biggest dealers....
China’s housing market woes compounded as S&P Global ups decline forecast

China’s housing market woes compounded as S&P Global ups decline forecast

China’s struggling housing sector will see a sharper downturn this year than previously thought, marking the fifth consecutive year of decline and ...
BitMEX founder Arthur Hayes credits Trump, Xi monetary policies for BTC bull run

BitMEX founder Arthur Hayes credits Trump, Xi monetary policies for BTC bull run

Arthur Hayes has declared that the rise of Bitcoin today has less to do with its programmed halvings and more to do with what Donald Trump and Xi J...