China

Central Banks

ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot'

ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot'

  • The beginnings of verbal intervention from the People's Bank of China
Eamonn Sheridan
Monday, 11/11/2024 | 23:39 GMT
11/11/2024 | 23:39 GMT
News

ICYMI: US ordered TSMC to halt shipments to China of chips used in AI applications

ICYMI: US ordered TSMC to halt shipments to China of chips used in AI applications

  • Taiwan Semiconductor Manufacturing Co. is the world's largest maker of advanced chips
Eamonn Sheridan
Monday, 11/11/2024 | 03:30 GMT
11/11/2024 | 03:30 GMT
News

Chatter around that China is likely to implement stronger fiscal policies in 2025

Chatter around that China is likely to implement stronger fiscal policies in 2025

  • Will use the expansion of the deficit
Eamonn Sheridan
Monday, 11/11/2024 | 03:00 GMT
11/11/2024 | 03:00 GMT
News

China to counter 60% Trump tariffs with massive incentives to Europe, Asia

China to counter 60% Trump tariffs with massive incentives to Europe, Asia

  • China wants to peel away US allies
Eamonn Sheridan
Monday, 11/11/2024 | 01:30 GMT
11/11/2024 | 01:30 GMT
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1786 (vs. estimate at 7.1813)

PBOC sets USD/ CNY reference rate for today at 7.1786 (vs. estimate at 7.1813)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Monday, 11/11/2024 | 01:15 GMT
11/11/2024 | 01:15 GMT
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