Xu Gaoming, an ex-fisheries clerk in China who started jewelry brand Laopu Gold in 2016, has amassed a $9 billion fortune.

China’s role as an economic powerhouse is particularly evident through the lens of the global gold market, in which the nation plays a substantial role. China is the largest producer of gold in the ...

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Russian Finance Ministry has no immediate plans to build national strategic crypto reserve, but says this may change if key ...

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a ...

Russia has chosen not to invest Bitcoin in its National Wealth Fund (NWF) but rather employ more stable instruments like the Chinese yuan and gold due to concerns regarding the volatility of ...

China's yuan strengthened to fresh three-month highs against the U.S. dollar on Monday, driven by strong domestic equity market performance and broader dollar weakness. Policymakers are expected ...

The spot yuan opened at 7.2650 per dollar and was trading at 7.2737 as of 0310 GMT, down 87 pips from the previous close. The offshore yuan also declined, trading at 7.2744 per dollar, down 0.1% ...