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19 Jan 2012, 12:36 am
” The China Daily article may be found at: South Korea’s Central Bank Weighs Purchase of Yuan Assets. [read post]
20 Jun 2010, 6:53 pm
» BBC News - Obama welcomes China's move towards flexible yuan US President Barack Obama has welcomed China's announcement that it will allow the exchange rate of its currency, the yuan, to become more flexible. [read post]
5 Mar 2010, 1:02 am
Hong Kong Exchanges & Clearing will offer Chinese yuan-denominated products and plans to become a primary channel for investing by Chinese nationals overseas, Bloomberg News reported. [read post]
8 Sep 2009, 3:00 am
The Chinese Ministry of Finance said Tuesday that it would issue 6 billion yuan worth of government bonds in Hong Kong, a major step to internationalize its currency at a time of concern about the dollar. [read post]
12 Mar 2010, 2:29 am
As the yuan is not a freely convertible currency, it would be very difficult for Hong Kong insurers to demonstrate to the Insurance Authority that they had enough yuan on hand to pay out any compensation and to ensure smooth yuan settlement.Current Chinese mainland rules do not yet allow insurance companies to open or maintain yuan accounts with banks in Hong Kong as banks in the Special Administrative Region can only offer yuan accounts for… [read post]
12 Mar 2010, 2:29 am
As the yuan is not a freely convertible currency, it would be very difficult for Hong Kong insurers to demonstrate to the Insurance Authority that they had enough yuan on hand to pay out any compensation and to ensure smooth yuan settlement.Current Chinese mainland rules do not yet allow insurance companies to open or maintain yuan accounts with banks in Hong Kong as banks in the Special Administrative Region can only offer yuan accounts for… [read post]
19 Jan 2012, 12:38 am
Heung-sik CHOO, director-general of the Bank of Korea (BOK) stated to Bloomberg that the BOK may purchase RMB-denominated (Chinese yuan) assets. [read post]
19 Jan 2012, 12:37 am
Heung-sik CHOO, director-general of the Bank of Korea (BOK) stated to Bloomberg that the BOK may purchase RMB-denominated (Chinese yuan) assets. [read post]
18 Aug 2015, 9:12 am
Chinese stocks plunged on Tuesday as the yuan weakened against the dollar, reigniting fears that Beijing may be intent on a deeper devaluation of the currency despite the central bank's comments that it sees no reason for a further slide. [read post]
13 Aug 2019, 6:07 pm
By allowing the yuan to fall on foreign exchange markets, Beijing has shown how far it will go in response to existing U.S. tariffs on Chinese goods, as well as additional ones now threatened by President Trump. [read post]
19 Jun 2011, 7:27 pm
., the rate that governments and banks say the currencies are worth - between the Chinese yuan (or RMB) and the US dollar. [read post]
7 Jun 2016, 11:36 pm
Korea Lifts Hurdles to won-yuan direct trade market ____Sean Hayes may be contacted at: SeanHayes@ipglegal.com. [read post]
28 Jul 2015, 2:04 pm
One, 50-year-olod Ling Yuan, was also taken to Kootenai and pronounced dead. [read post]
19 Jul 2021, 9:58 am
On July 16, we learned the People’s Bank of China was exploring cross-border payments in digital yuan. [read post]
29 Jul 2010, 3:31 am
HSBC Insurance is allowing new customers of its WealthSave (Renminbi) Protection plan to pay their annual premiums in either yuan or Hong Kong dollars. [read post]
12 Feb 2010, 6:33 am
According to Arvind Subramanian, the biggest harm from the undervalued yuan is to developing countries: .. an undervalued exchange rate is above all a protectionist trade policy, because it is the combination of an import tariff and an export subsidy. [read post]
21 Jun 2010, 2:16 am
In order to tap investor expectations of a rising yuan (RMB), insurers are preparing to launch yuan-denominated policies as a new product offering for insurers in the Hong Kong market. [read post]
25 Oct 2017, 9:30 am
Chinese law evolved rapidly to accommodate these changes, as reflected in the great compendium Yuan dianzhang (Statutes and Precedents of the Yuan Dynasty). [read post]
28 Sep 2021, 12:34 pm
Why is the Digital Yuan being introduced? [read post]
23 Feb 2007, 3:47 am
In any potential legal case against the Chinese Yuan, the measure of its alleged undervaluation is critical because of the necessary demonstration of the benefit criterion in a subsidy context. [read post]
