CNY Financial News
15.09 / 02:49
Provident
Lowe's
CNY
EUR
Dollar firm as markets eye China data
dollar was on the front foot in Asia on Friday, retaining overnight gains against peers after strong U.S. economic data and an ECB rate hike, with traders' attention warily turning to a data deluge from China. U.S.
13.09 / 06:47
06.09 / 11:23
UPS
Lowe's
CNY
performer
Why Morgan Stanley has resumed bearish view on EMs
Morgan Stanley is returning to a bearish view on emerging-market currencies, citing concerns over China’s growth risks that not only weigh on the yuan but also further pressure a weak global economy.
29.08 / 13:37
18.08 / 08:09
Lowe's
CNY
band
country
analysts
Low
Rupee trades near record low: why is it falling and what analysts predict for medium-to-long-term
rupee rebounded from its record closing low and opened 13 paise higher at 83.02 against the US dollar amid a pullback in the American currency. “The depreciation in rupee comes on the back of the recent spike in US dollar and treasury yields amid worries that the US Federal Reserve will keep interest rates elevated for a longer duration. The fall in Chinese yuan led to a slide in domestic currency on concerns over export competitiveness," said Amit Sajeja, Vice President Research - Commodities & Currencies at Motilal Oswal.
16.08 / 12:19
Racing
Tesla
CNY
performer
country
Time
Tesla cuts prices in China for second time in three days as price war fears mount
Investing.com — Tesla (NASDAQ:TSLA) has announced its second price cut in China in three days, further fueling worries of a potential price war in the country's lucrative electric vehicle (EV) market.
15.08 / 04:43
Samsung
CNY
Xiaomi
performer
cover
Xiaomi Mix Fold 3 unveiled: Slimmer foldable with dual OLED displays; rivaling Samsung Galaxy Z Fold 5
foldable phone has not been disclosed yet, it boasts a slimmer profile compared to its predecessor, the Mix Fold 2. Notably, the device features dual E6 OLED displays, with dimensions of 8.03 inches for the inner screen and 6.56 inches for the outer screen. Xiaomi's latest foldable offering, the Xiaomi Mix Fold 3, is available in two color options: Moon Shadow Black and Xingyao Gold.
15.08 / 01:35
Citi
Digital
Enterprise
CNY
electronic
‘Green Finance’ Options Emerge for China’s Digital Yuan
More Chinese firms are using the digital yuan, the nation’s central bank digital currency (CBDC), to access funding for “green” business projects.
18.07 / 07:25
UPS
Citi
Digital
CNY
Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace
The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.
02.05 / 23:57
31.03 / 13:09
Digital
Man
Citizens
CNY
China’s Digital Yuan Makes Import Tax, Commerce Breakthroughs – Are CBDCs Going Global?
Central bank digital currency (CBDC) adoption continues apace in China – where the digital yuan is breaking new ground in the worlds of import taxation and cross-border commerce.
01.11 / 17:09
Digital
Валюта
CNY
Beijing: Digital CNY Will Tread Line Between Ensuring Privacy and Fighting Crime
China’s central bank digital currency, the digital yuan, continues to break new ground. And while it is already in use at over 5.6 million stores in the nation, its architects say they will build privacy-protecting functions into the coin.
14.10 / 18:59
Digital
Валюта
CNY
JPY
Chinese researchers propose digital currency to rival U.S. dollar
Researchers from the Institute of World Economics and Politics under the Chinese Academy of Social Sciences have proposed a bold plan to combat the U.S. Dollar’s influence in their part of the world.
29.09 / 04:21
Citi
Валюта
CNY
Speculation
NOT
'Do not bet': China's central bank warns against yuan speculation
BEIJING — The People's Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week.
08.09 / 13:01
Provident
Digital
Валюта
CNY
China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product
According to the China Financial Association, the Digital Currency Research Institute of the People's Bank of China has launched a digital renminbi smart contract prepaid fund management product — «Yuanguanjia».
27.04 / 09:55
Citi
Lowe's
CNY
China's central bank steps in to slow its rapidly weakening currency, as yuan hits one-year lows
BEIJING — The Chinese yuan strengthened slightly against the U.S. dollar on Wednesday, reversing a sharp weakening trend after the People's Bank of China signaled support for its currency.
12.02 / 03:25
Blockchain
Digital
CNY
Nano
HBK DOP & SLINTEC Join Hands with NEXUM FOUNDATION
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
22.11 / 04:29
BTC
Digital
CNY
Bitcoin
world economy
analyst
This analyst believes Bitcoin will amount to 5-7% of world economy soon
The crypto king has witnessed an large number of developments since its inception. Different comparisons, FUDs, regulatory pressure, and whatnot. All these can amount to either a surge or a setback to Bitcoin and its price.
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