Letters: Rise of the yuan

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 50 basis points to 6.7964 against the US dollar on Monday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to ...

SYDNEY: In a run-down mall in one of Sydney's biggest Chinese neighbourhoods in 2015, 29-year-old Jizhang Lu showed up at the top-floor offices of a meat export company carrying a carrier bag stuffed with hundreds of thousands of dollars in cash. According to ...

"Grey rhinos" have become a hunted species in China, where government regulators are clamping down on powerful private conglomerates amid fears they are racking up dangerous debt levels. Coined by an American policy analyst, the rhino reference points to ...

By Kirstin Ridley LONDON (Reuters) - The UK Serious Fraud Office (SFO) said on Thursday it expects to decide next year whether it will file criminal charges in bribery investigations related to drugs giant GlaxoSmithKline and aero engine company Rolls-Royce.

The domestic currency has firmed up by close to 5.5 per cent against the dollar since February on the back of a significant portfolio capital inflows of about USD 27.5 billion. Moreover, the Indian currency has appreciated by 3.7 per cent against the Chinese ...

* SSEC +0.1 pct, CSI300 flat, HSI +0.5 pct SHANGHAI, Aug 2(Reuters) - Strength in building materialscompanies benefiting from China's year-long construction boomlifted share markets in China and Hong Kong on Wednesday, whilerobust earnings from Apple buoyed ...

Aug 1 (Reuters) - Hong Kong stocks ended at a 26-month high,aided by strong gains in state-backed mainland firms, asinvestors cheered a private survey showing China's factoryactivity accelerated in July. The benchmark Hang Seng index rose 0.8 percent, ...

BENGBU, China: Luxury lakeside homes and high-rise condominiums are coming up fast in China's sleepy inland town of Bengbu, a clear sign that a home-buying frenzy sweeping across the country's major metropolises and provincial capitals has reached even its ...

BEIJING/HONG KONG (Reuters) - In a country where you can find everything from chopsticks to slippers designed to look like pandas, one Chinese energy company is going a step further by building 100 solar farms shaped like the bears along the route of the ...