yuan
May 07, 2013
BEIJING--China's new batch of leaders may quicken the process of making the yuan fully convertible over the next few years to boost the currency's global clout and support...
February 05, 2013
TAIPEI--Taiwanese banks are starting to allow their customers to make deposits, obtain loans, and buy bonds denominated in China's tightly controlled yuan, or renminbi--another ...
November 28, 2012
WASHINGTON--The Obama administration declined on Nov. 27 to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value against the...
October 22, 2012
Sony Bank Inc., a wholly owned subsidiary of Sony Financial Holdings Inc., announced it is offering Chinese yuan, South African rand and Swedish krona to its lineup of foreign...
October 15, 2012
China's currency has reached its equilibrium rate and its value is mainly determined by the market, rather than intervention, Beijing's central bank chief said on Oct. 14,...
July 16, 2012
Sumitomo Mitsui Banking Corp. will become the first megabank in Japan to accept deposits in yuan from individual customers, recognizing the growing demand as it becomes a major ...
June 27, 2012
BEIJING/SHANGHAI--Beijing will promote the further development of the offshore yuan market in Hong Kong as part of a new package of policies for the territory ahead the...
June 04, 2012
A new currency market for direct trading between the yen and the yuan opened on June 1 in Tokyo and Shanghai.
June 02, 2012
The start of direct trading between the yen and the yuan kicked off on June 1 with a session that was about as dreary as an old dishrag.
May 17, 2012
A reluctance by Japanese companies to use China’s currency for trade settlements is “strange,” says the head of Hong Kong’s central monetary authority, touting Hong...
April 30, 2012
BEIJING--Financial markets across the world are competing to become centers for yuan trading as China attempts the perilous task of gradually globalizing its currency while...
April 15, 2012
BEIJING--China's central bank announced on April 14 a slight easing of its controversial currency controls. It says it will allow the country's yuan to rise and fall by a...
April 14, 2012
WASHINGTON--U.S. politicians readily muscle up to talk tough against China on the campaign trail, charging its policies undermine American manufacturing, but two key planks of...
April 08, 2012
The credibility of the U.S. dollar and the euro is in question. But these problems are not confined to the United States or Europe, as they threaten the world. While the...
April 03, 2012
Washington is changing gears on economic policy toward China in the belief that its single-minded push for the renminbi's appreciation may not be the way to go.
March 14, 2012
BEIJING--China, in a move to heighten trust in its strengthening currency, gave the go-ahead for Japan on March 13 to purchase up to $10.3 billion (855 billion yen) of its...
March 07, 2012
BEIJING -- A U.S. trade bill targeting China goes against international rules and Beijing will not adjust the value of its currency to compensate for Washington's failure to...
February 10, 2012
China plans to further open its financial markets to foreign investors and give more freedom in trading stocks and corporate bonds denominated in yuan, the chief of the China...
December 28, 2011
WASHINGTON -- The U.S. Treasury again shied away from labeling China a currency manipulator on Dec. 27, but it rapped the country for not moving quickly enough on exchange rate ...
December 27, 2011
BEIJING--The Japan Bank for International Cooperation will issue yuan-denominated bonds, also known as "panda bonds," for the first time as part of financial cooperation...