YUAN NEWS

PricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beijing, Shanghai, and other locations are being laid off. The firm faces regulatory scrutiny and client losses, pr...

Domestic markets closed unchanged as investors brace for earnings season. Analysts predict a consolidation phase with stable input prices. Global markets show mixed movements. Foreign investors turn net buyers. Rupee ends slightly lower against the ...

Benchmark indices closed with minor gains, marking a positive week. Analysts expect Q1FY25 earnings and inflation cues to guide markets. Gift Nifty signals a negative start. India VIX fell 1.24%. Mixed global trends; S&P 500 futures down. Rupee at 8...

Market anticipates Nifty consolidation post-profit booking. Brent crude, US WTI futures rise on strong fuel demand hopes. Currency markets stable as rupee weakens. FIIs cut net long positions, adding to market uncertainty.

Domestic markets showed gains driven by positive sentiment on expectations of a discretionary spending rebound. Investors focus on upcoming US job data and Fed Chair's speech for interest rate insights. Nifty futures trade higher with a positive tre...

The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness ...

The rupee declined to a lifetime low of 83.62 against the U.S. dollar in the latter half of Thursday’s trading session and was last quoted at 83.5975. The local currency had closed at 83.4550 in the previous session.

Domestic markets hit new highs for the fifth day, with Nifty futures trading higher. Brent crude futures rose, while US West Texas Intermediate crude dropped. The rupee settled lower against the US dollar.

Domestic markets rose driven by global cues and domestic buying. Expectations for the next week are positive with macro trends, government spending, monsoon, and earnings support.

Domestic markets ended flat post-election recovery. Investors await US CPI data and Fed policy outcome for market direction.

Domestic equities closed marginally on Monday due to selling in IT stocks and HDFC Bank. Investors await US Fed, BoJ policy outcomes, and US, India CPI data for market clarity.

The finance ministry confirmed what four sources had told Reuters earlier on Monday that the 1 trillion yuan ($138.23 billion) of special government bonds would have tenors of 20 to 50 years and issuance will begin on May 17. The sources who have di...

Feng Yuan's viral journey from a 22-year tenure at Microsoft to becoming a goose farmer has captivated social media. Initially shared by X user Smarika Malviya, Yuan's career shift reflects a desire for personal fulfillment. Despite his dismissal du...

Suzuki stopped short of threatening to take "decisive action" against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves pla...

The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a step closer to the end of negative interest rates.

Yuan trading accounted for almost 42% of all foreign currency traded on Moscow Exchange with the volume in 2023 more than tripling year on year to 34.15 trillion roubles ($391.5 billion), Kommersant reported, citing Moscow Exchange data.

This year, as China's economy wobbled and money left the country, the PBOC took a starkly different approach, defending the currency by signalling to markets what kind of selling it would and would not tolerate.

The Indian rupee weakened despite a rally in the Chinese yuan and a softer U.S. dollar. Dollar demand from oil companies and importers kept the rupee's strength in check.

The dollar index's weekly winning streak would be its longest since 2014, bolstered by recent reports showing the U.S. economy remains resilient.