"Core luxury shoppers expect to increase their spending in the second half of 2025, due to travel, while casual ones will ...

The Oliver Wyman study says only 11 percent of casual luxury shoppers are planning on spending more on high-end goods—a 15 ...

Renminbi vs US dollar: It is no secret that China would like to convert the renminbi into an international currency and move away from the global dominance of the US dollar. While this is often ...

(Reuters) -Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) on Thursday rolled out the world's first renminbi-denominated tokenised money fund. This is the first ...

China is “stress-testing” its labour-intensive export sectors to see how much renminbi appreciation its companies can withstand, China’s 21st Century Business Herald reported.

Rising adoption of the renminbi by the Chinese comes as the greenback’s preeminent role in global financial markets is increasingly undermined by the Trump administration’s aggressive and ...

CHINA is increasingly debating whether or not the renminbi should be internationalized, possibly joining the US dollar and the euro as an international vehicle currency (IVC) – that is, a ...

The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy and its role in global trade. But for various reasons, the currency isn’t suited ...

Offshore, renminbi centers led by Hong Kong, Singapore and London are now providing a wide range of renminbi hedging and investment products, plus access to raise capital in the "dim sum" bond ...