Tag - yuan

 
 

YUAN

BUSINESS
Jul 12, 2019
Goldman Sachs joins Wall Street chorus warning about possible U.S. FX intervention
The buzz around possible U.S. currency intervention is growing louder as Goldman Sachs Group Inc. has now weighed in on an idea that has been making the rounds on Wall Street.
Japan Times
BUSINESS / Companies
Jun 27, 2019
MUFG on track to be Japan's first yuan clearing bank after expected Abe-Xi deal at Osaka G20
MUFG Bank is expected to become the first Japanese bank to be designated as a yuan clearing bank, sources said Wednesday.
Japan Times
BUSINESS
Oct 17, 2018
China pares U.S. Treasury holdings for third month in bid to keep yuan from falling
China's holdings of U.S. Treasuries fell for a third consecutive month in August as the Asian nation struggles to prevent the yuan from weakening amid trade tensions with America.
Japan Times
BUSINESS
Sep 19, 2018
Unilateral trade actions won't solve problems, says Chinese Premier Li Keqiang at Tianjin summit
Chinese Premier Li Keqiang said Wednesday that unilateral trade actions will not solve any problems, stressing that multilateralism should instead be upheld.
Japan Times
COMMENTARY / Japan
Sep 11, 2018
A U.S.-China 'Plaza Accord'?
It seems highly likely that the current trade dispute between the U.S. and China will develop into a fierce conflict over currency and high-tech industries.
BUSINESS / Markets / CURRENCY MARKET
Sep 3, 2018
Goldman sees yuan gaining in reserves at expense of dollar and yen
China's currency is set to take an increasing share of world foreign-exchange reserves, with the dollar and yen having to make the most room proportionally for the newcomer on the block, according to Goldman Sachs Group Inc.
Japan Times
COMMENTARY / World
Jul 24, 2018
China's currency catch-22
Many are wondering if China will respond to Trump's trade war by threatening a currency war. If it does, the world should call its bluff.
Japan Times
BUSINESS / Markets
Apr 17, 2018
Even as dollar slips, Trump says Russia and China are playing 'currency devaluation game'
U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates.
Japan Times
BUSINESS / Markets / CURRENCY MARKET
Apr 13, 2018
Financial experts warn China not to repeat Japan's foreign exchange mistake of 1980s
China should learn from Japan in the 1980s, and never allow a trade war to become a currency war, says Sheng Songcheng, a senior adviser to the People's Bank of China (PBOC).
COMMENTARY / World
Oct 3, 2016
Don't hype China's reserve currency moment
Hopes that entry into the IMF's currency basket would quicken the pace of reforms have been dashed.
BUSINESS
Mar 9, 2016
China may face Japan-like slump unless yuan weakens, KKR says
China could be facing the same kind of anemic growth that Japan did in the 1990s unless it moves to weaken the yuan to alleviate the country's debt burden and fend off deflation, according to KKR & Co., one of the world's largest private equity firms.
Japan Times
COMMENTARY / World
Feb 8, 2016
China suffering from a transparency problem
Effective communication with market participants and real-economy players will be crucial if China is to achieve market credibility and stability.
COMMENTARY / World
Feb 5, 2016
China filming its own version of 'The Big Short'
The second biggest economy has $23 billion of potential junk debt. A rash of downgrades could trigger the next bout of turmoil in global markets.
Japan Times
BUSINESS
Jan 27, 2016
Chinese tourist spending under threat as yuan slides 10% against yen
Chinese tourists tumbling off buses into the Laox duty-free store in Tokyo's bustling Ginza district say the yuan's drop against the yen may make them think twice about splurging during their shopping tours.
COMMENTARY / World / SENTAKU MAGAZINE
Jan 21, 2016
Chinese currency chaos
China's 'supply-side structural reform' to deal with production overcapacity includes the risky strategy of devaluing the yuan.
BUSINESS
Jan 11, 2016
Yuan loan rates soar in Hong Kong as Beijing halts currency's slide
Interbank yuan lending rates in Hong Kong climbed to records across the board after suspected intervention by China's central bank last week mopped up supplies of the currency in the offshore market.
Japan Times
BUSINESS / Markets
Jan 8, 2016
Continued NYSE plunge puts Dow on course for worst start in century as China, yuan keep diving
Shares on major exchanges fell for a sixth consecutive day on Thursday and crude prices touched multi-year lows as investors fretted over the state of the Chinese economy and its ability to stabilize its stock market.
Japan Times
BUSINESS
Nov 2, 2015
Trump's 'Japan Is back' rhetoric signals campaign focus on alleged currency manipulation
Donald Trump's claim that "Japan is back" isn't the dominant view among economists. Apparently, the Bank of Japan agrees with his assessment.
Japan Times
BUSINESS
Sep 14, 2015
China experts highlight need for economy based on consumption, innovation
Can the Chinese economy continue to thrive? This was the question that dominated discussions among leading Chinese and foreign business executives who gathered at a World Economic Forum meeting in the northeastern city of Dalian last week.
BUSINESS / Economy
Sep 3, 2015
As Asia depreciates, Japan megabanks fear for their loans
Japanese banks may be starting to regret their biggest increase in overseas lending in 30 years as Asian economies slump and currencies tumble.

Longform

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