Hints of a yuan versus yen currency war
TOKYO – The costs of a chronically weak yen just grew by US$18 trillion as China’s economy, Asia’s biggest, may be joining the race to the bottom.
People's Bank Of China asian news
Why China won’t big bang devalue the yuan
As net capital outflows exceed China’s current account surplus, the yuan currency will necessarily face depreciation pressure. However, China will neither float its currency nor allow a large depreciation.
No limit to how low the yen will go
TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?
Yuan internationalization drive hits a local speed bump
As Chinese leader Xi Jinping works to increase the yuan’s role in global trade and finance, he’s encountering an unexpected speed bump: mainland companies.
Global economy now has its own ‘Three-Body Problem’
TOKYO — Analysts at Fitch Ratings have been a busy bunch in recent months warning of debt landmines in the two biggest economies.
Why Yellen’s reflation pleas fall flat in Beijing
The People’s Bank of China is giving a whole new meaning to “monetary science.” Asia’s biggest economy’s central bank is devising a program to provide as much as 500 billion yuan (US$69 billion) to support innovation in science and technology.
China bond outperformance tells a bigger story
China’s stock investors could be excused for feeling like President Xi Jinping is disinterested in their plight as market valuation losses mount.