The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 45 pips to 7.1733 against the dollar on Tuesday. This is according to the China Foreign Exchange Trade System. In ...

XPeng (XPEV) on Tuesday reported fourth-quarter results below Wall Street estimates, while the Chinese automaker expects its vehicle deliveries to grow by over 300% year over year in the ongoing three ...

In recent years, China's high-level financial opening-up has made significant strides, not only sharing development ...

The central parity rate of the Chinese yuan, or renminbi, rose by 50 pips to 7.1688 against the U.S. dollar on Monday, as ...

Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate, around which the yuan is allowed to ...

The totally nonsensical “official Chinese Mint crypto” scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...

The official foreign exchange (forex) rate depreciated by 1.3 per cent to N1,537.50 per dollar as CBN’s robust intervention — selling $360.00 million to authorised dealers — helped mitigate a steeper ...

BEIJING - China has announced a raft of measures to optimize consumer finance, aiming to stimulate consumption and improve ...

BEIJING (Reuters) - Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa ...

SHANGHAI, March 11, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ...

Revenues for the second quarter of FY 2025 were RMB726.6 million (US$99.6 million), representing a decrease of 10.3% from the first quarter of the fiscal year ending June 30, 2025 (the “first quarter ...