China yuan

Egypt to consider yen, yuan bonds after dollar sale last week
Business

Egypt to consider yen, yuan bonds after dollar sale last week

Egypt may issue bonds in other international currencies, after successfully selling $4 billion of Eurobonds last week, Finance Minister Amr…
Will the Chinese yuan truly relieve Egypt’s need for US dollar?
Business

Will the Chinese yuan truly relieve Egypt’s need for US dollar?

China's yuan joined the International Monetary Fund's basket of reserve currencies in October alongside the US dollar, the euro, the…
China’s yuan trade system to open branches in London, New York
Business

China’s yuan trade system to open branches in London, New York

China's state-owned currency marketplace said on Sunday it was preparing to open branches in London and New York as part…
Global shares rise as firmer Chinese yuan eases deflation fears
Business

Global shares rise as firmer Chinese yuan eases deflation fears

World stocks rose on Monday as China's central bank fixed the yuan at a much stronger rate and oil prices…
Asia stocks head for weekly loss, China yuan hits four-and-a-half-year low
Business

Asia stocks head for weekly loss, China yuan hits four-and-a-half-year low

Asian shares were set for sizable weekly losses, with equities faltering again on Friday as plunging crude oil prices and…
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