News

Dollar weaponization” refers to the expanding use of America’s currency dominance—trade settlement, access to the Federal Reserve’s clearing system, SWIFT messaging, and New York–jurisdiction ...
The Gini Index is useful in evaluating the extent of equality in the distribution of income, wealth, and consumption across ...
The People's Bank of China-the country's central bank-will introduce a monetary policy to steady the economy. The prudent monetary policy will be flexible and appropriate. Cross-cyclical regulation ...
The monthly current account recorded surpluses in all months in 2025 up to May, reflecting robust performance of the external sector. The merchandise trade deficit widened in May 2025 ...
During an election rally ahead of the local government elections, the president claimed that Sri Lanka currently holds the ...
BEIJING, July 4 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Friday began to solicit public opinions on a set of draft rules for the Cross-Border Interbank Payment ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...
The positive momentum was further backed up by trade talks between China and the US in May and June, which helped revitalize ...
Central banks added a net 20 t to global gold reserves in May, an uptick from the previous month; however, the overall pace ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
There is speculation afoot China’s hardline President Xi Jinping may be replaced by a more pragmatic and Western-friendly successor.