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Showing 191 - 200 of 294 results for "yuan"

China, Russia dump USD for bilateral trade

ALEX DUNNIN  |  THURSDAY, 25 NOV 2010
... Russian president Vladimir Putin told the China Daily. The initiative has already seen trading commence between the Chinese yuan and Russian rouble in the Chinese inter-bank market. Parallel trading is expected to soon open in Russia. Trade volumes between ...

QE2 overstays welcome

BENJAMIN ONG  |  WEDNESDAY, 10 NOV 2010
... a political move, an offensive attack ahead of tomorrow's G-20 meeting - where it expects to be nudged into revaluing the yuan for the nth time - but there is some truth in this. China's credit rating downgrade only formalised what many silently fear ...

Smaller QE2 is not all that bad

BENJAMIN ONG  |  THURSDAY, 28 OCT 2010
... will use part of higher-than-expected tax revenue to build foreign reserves as it attempts to weaken the currency. China's yuan declined by the most in 22 months after the central bank set the weakest reference rate for the currency since September. ...

Money, money, money

BENJAMIN ONG  |  THURSDAY, 21 OCT 2010

Queuing for QE

BENJAMIN ONG  |  MONDAY, 18 OCT 2010
... Treasury's threats could force it to revalue its currency. China's commerce ministry cautioned the US against blaming the yuan for America's domestic problems. But if America's mission is to export its domestic problems offshore, it's not winning the ...

Fed bearing gift of QE2

BENJAMIN ONG  |  THURSDAY, 14 OCT 2010
... billion in September - the second highest on record. Did I just hear US Treasury Secretary Tim Geithner cursed the undervalued yuan? There goes another... this time from Japanese Prime Minister Naota Kan. But underneath China's strong export growth - ...

Cheap talk

BENJAMIN ONG  |  TUESDAY, 12 OCT 2010
... to bring global trade down, they did a lot of talk and yielded... nothing. There were fingers pointed everywhere. China's yuan is undervalued, America's loose monetary policy, Japan's unilateral currency intervention, Brazil and South Korea's measures ...

RMB rise to benefit local investors

RUTH LIEW  |  FRIDAY, 8 OCT 2010
... RMB trade settlement transaction, and China last year launched a private pilot program to allow selected areas to trade in Yuan with ASEAN nations. Wu urged advisers to look at the bigger picture when investing in the region and particularly China, rather ...

Australia's big bro

BENJAMIN ONG  |  TUESDAY, 5 OCT 2010
... shipments. And despite international angst about China's overvalued currency, I still have to hear an Australian whinge about the yuan. This is because we're selling to them more than we're buying "Made in China" goods. The trade stats show that in fiscal ...

Spoiling for war

BENJAMIN ONG  |  FRIDAY, 1 OCT 2010
... American businesses to asked for punitive tariffs imposed on Chinese imports deemed underprice because of the undervalued yuan. Tell me, which Chinese import is not underpriced in America's eyes? With the November US elections just around the corner ...