China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.

World shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate ...

World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.

Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan ...

Asian shares are higher after U.S. stock indexes rallied to close out their best week in two months. Hong Kong's benchmark ...

China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample ...

The CEO of the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, rejected any possibility of altering the Hong Kong dollar’s 41-year-old peg to the US dollar after some ...

[Photo/Agencies] The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening ...

China’s currency has had a rough start to 2025. It is nearing a 16-month low, and many economists predict it has further to fall.

The initiative will focus on tokenized deposits with the Hong Kong Central Bank and provide support for local banks during the trial. HKMA’s press release revealed that the incubator was a supervisory ...

LAS VEGAS, U.S. -- No matter what happens, Hong Kong companies will work harder to make connections with the U.S. and secure more funding from the world's largest economy, according to the CEO of ...