The renminbi fell to sixth place in May and June 2025 in terms of its share as a global payment currency, the first time it ...

Some Chinese officials worry that the U.S.'s decision to embrace stablecoins through the Genius Act might reverse the trend ...

Dim sum issuance tripled over three years, driven by low Chinese interest rates and growing demand for offshore renminbi ...

While a direct link between a trade deal and the price of Bitcoin is hard to prove, U.S. policy can still stir up the crypto ...

China’s famed Shaolin Temple said its celebrity abbot, Shi Yongxin, was under investigation over misuse of funds and ...

Hong Kong's new Stablecoin Ordinance establishes a regulatory framework, positioning as a key player in finance, challenging ...

SINGAPORE: Singapore's Temasek Holdings has mandated multiple banks for the proposed issuance of 5-year, 10-year and 30-year ...

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

Europe and Asia could leverage U.S. President Donald Trump’s "America First" strategy for their own benefit, eventually spurring the development of regional tripolar FX blocs that could erode the ...

President Donald Trump's flagship GENIUS Act could be an attempt at countering China's de-dollarization push with USD-pegged ...

As President Trump’s chaotic economic policies provoke questions about U.S. stability, a proposal for European countries to ...

In a tiny roadside storefront, Ho Sau-mei has been carving mahjong tiles since she was 13 years old. Now in her 60s, she is ...