Menu

Search

Over the past decade, China has emerged as global superpower of economics and Geo-politics. Chinese currency Yuan has emerged as top contender to Challenge global dominance of Dollar. This year in Yuan might join International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket, strengthening Yuan’s position as global reserve currency. In this series, we discuss about China, its politics, economics, and vulnerabilities with a view of Renminbi.

Renminbi Series

Yuan’s share in global payments rises again in August

Oct 01, 2018 12:15 pm UTC| Commentary

After steadily losing its attraction since 2015, the Chinese yuan seems to be recovering in terms of its share in the global payment system, according to a report by Swift payment system. As an effect of economic...

Renminbi Series

Renminbi Series: Yuan’s share in global payments rises to highest in 36 months

Sep 13, 2018 12:48 pm UTC| Commentary

After steadily losing its attraction since 2015, the Chinese yuan seems to be recovering in terms of its share in the global payment system, according to a report by Swift payment system. As an effect of economic...

Renminbi Series

Yuan likely to consolidate, trade between 6.50-6.60 for now, advance further in medium-term: Scotiabank

Sep 19, 2017 07:38 am UTC| Commentary Economy

The Chinese yuan is expected to consolidate and trade between 6.50 and 6.60 for now and is expected to advance further in the medium term on account of the EURs potential strength and possible portfolio inflows to mainland...

Renminbi Series

FxWirePro: Chinese yuan gains on the back of higher than expected Caixin manufacturing PMI data

Aug 01, 2017 05:04 am UTC| Technicals

USD/CNY is currently trading around 6.7175 marks. It made intraday high at 6.7239 and low at 6.7150 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7373 mark. A...

Renminbi Series

Renminbi Series: China’s economic recovery gathers pace

Jul 17, 2017 05:10 am UTC| Commentary

Chinas economy is humming strongly and the signs of a recovery are becoming more broad-based. According to latest data from the National Bureau of Statistics (NBS), Chinas GDP grew by 6.9 percent in the second quarter,...

Renminbi Series

Renminbi Series: House prices in China cools for 6th consecutive month

Jun 19, 2017 03:42 am UTC| Commentary

The price to purchase a new house in Chinas major cities cooled further in May as the year on year growth declined for the six consecutive months. The year on year growth decorated for the sixth consecutive month since its...

Renminbi Series

Renminbi Series: China’s forex reserve swells to highest level in 2017

Jun 07, 2017 08:42 am UTC| Commentary

China, which has the biggest foreign exchange reserve in the world, registered a fourth consecutive monthly increase in the reserve according to data released by Peoples Bank of China (PBoC) today. Chinas foreign exchange...

1 2 3 4 5 6 7 8 9 10   

Economy

U.S. Treasuries suffer ahead of December industrial production, host of FOMC speeches

The U.S. Treasuries suffered on the last trading day of the week Friday, ahead of the countrys industrial production data for the month of December and FOMC members Williams and Harkers speech, both scheduled for later...

UK gilts slump despite worse-than-expected December retail sales data; Brexit chaos continue to bother

The United Kingdoms gilts slumped during Fridays afternoon session despite a worse-than-expected retail sales data for the month of December, released today amid the ongoing Brexit chaos, followed by PM Mays survival of...

Indonesian imports growth likely to ease this year on lagged impact of Rupiah depreciation, says DBS Economics

Indonesian imports growth is expected to ease through this year compared to last year as lagged impact of Rupiah depreciation will start to take effect, in addition to lower oil price, according to the latest research...

BoK likely to leave key policy rate unchanged next week amid synchronized global slowdown, says Scotiabank

The Bank of Korea (BoK) is expected to leave its benchmark monetary policy rate unchanged at 1.75 percent at its monetary policy meeting on next Thursday amid a synchronized global slowdown and heightened disinflation...

JGBs remain mixed after December national core CPI disappoints investors, November IP improves

The Japanese government bonds remained narrowly mixed Friday after the countrys national consumer price inflation (CPI) data for the month of December disappointed market sentiments and industrial production for November...

Politics

Donald Trump 2019: White House Dismisses Health Concerns Over Blood & Band-Aid on President's Hand

An adhesive bandage covering a dot of blood on U.S. President Donald Trumps right hand earlier this week stirred speculations about his health. But the White House immediately issued a statement telling the public there is...

Melania Trump 2019: FLOTUS Flew to Palm Beach After Donald Trump Canceled Nancy Pelosi’s Afghanistan Visit

Melania Trump has been notably absent in the last few weeks amidst the government shutdown, the longest in U.S. history. But there is precedence to the FLOTUS actions as she behaved similarly last year, although the...

Vladimir Putin Reportedly Backed the Russian’s NRA Infiltration In a Bid to Create Conflicts in the US

Vladimir Putin and his government have repeatedly denied their involvement in the infiltration of the National Rifle Association (NRA) but a U.S. intelligence report showed otherwise. It was said that the Kremlins are...

Donald Trump’s Ratings Plunge as Shutdown Continues; POTUS Reportedly Won’t Negotiate Reopening Government Without Wall Funding

A Rasmussen poll report, on Monday, showed Donald Trumps ratings plunged to its lowest for the past year. A source said the President of the United States is unlikely to negotiate the reopening of the government until his...

Donald Trump Allegedly Furious, Let Out Expletives As Michael Cohen Is Set to Testify Before House Next Month

Donald Trump is allegedly furious after learning that his former lawyer, Michael Cohen, is set to testify before the House committee in February. The hearing would be televised, and the lawyer would be questioned about the...

Science

A neuroscientist's tips for a new year tuneup for your brain

Unlike the effervescent bubbles that stream to the top of champagne flutes on New Years Eve, what I call brain bubbles are far from celebratory. These bubbles are metaphorical rather than physical, and they distort the...

Record for decoding the longest DNA sequence is impressive – here's what to expect next

Like other professionals, scientists like to be the best at what they do, but they also like to have fun in their job. And in 2018, my colleagues managed just that in claiming a record for decoding the worlds longest DNA...

Will wearing your coat indoors make you feel colder outside? A scientist explains

If youve ever had to work in a draughty office, warehouse or classroom, youve probably been tempted to keep your coat on inside. And you were probably also advised against it because you wouldnt feel the benefit when you...

A brief history of black holes

Late in 2018, the gravitational wave observatory, LIGO, announced that they had detected the most distant and massive source of ripples of spacetime ever monitored: waves triggered by pairs of black holes colliding in deep...

When you look up, how far back in time do you see?

Our senses are stuck in the past. Theres a flash of lightning, and then seconds pass until we hear the rumble of distant thunder. We hear the past. We are seeing into the past too. While sound travels about a...

Technology

PlayStation 5 Latest News & Update: Sony Asking Fans What They Want from PS5?

It has been a widely accepted notion for a few years now that Sony has been developing the PlayStation 5 for the next generation of console gaming. However, there have been no official confirmations with regards to the...

‘Fortnite’ Latest News & Update: Battle Royale Game Threatening Netflix Bottom Line, Online Streaming Diverting Customers

In a rather surprising recent development, Netflix revealed that it had more to fear from the hugely popular Battle Royale game Fortnite than it did from mainline competition like HBO. This might initially come across as...

‘GTA 6’ Release Date, Features: Rockstar Games Could Revisit a London Map, But Not for Next 'GTA'

The details fans have about GTA 6 for now are mere insider reports and speculations. But some of these are quite entertaining consider such as having a gameplay map set in London. However, Rockstar Games boss Dan Houser...

‘Final Fantasy VII: Remake’ Release Date, Latest News & Update: Developers Rumored to Announce Big Reveal in April

Final Fantasy VII: Remake is still being created within the studio of Square Enix and the developers are remaining mum about when its going to be finished. News about the reimagining is few and far in between given that...

Samsung Galaxy S10 Release Date, Specs: 3 Variants Eyed for 2019 Launch — Including a 5G-Enabled Smartphone

Samsung is rumored to break tradition with the release of the Galaxy S10 series this year. The company is expected to launch, not only two but a total of three variants with one that supports 5G connectivity. The South...
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

January 18 15:00 UTC Released

USYr Inf Prelim

Actual

2.6 %

Forecast

Previous

2.5 %

January 18 15:00 UTC Released

USU Mich 1Yr Inf Prelim

Actual

2.7 %

Forecast

Previous

2.7 %

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 521389521389m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 521389521389m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 509569509569m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.