Working as a middleman in China’s underground financial system, Chen would routinely accept more than $100,000 in cash and then swap it for the cryptocurrency tether using overseas trading platforms.

China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.

Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...

Volatility expectations in the rupee and other Asian currencies have dropped this week amid a pullback in tariff concerns.

The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...

By Rae Wee SINGAPORE (Reuters) -The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation ...

VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...

The US Dollar could appreciate as traders expect the US Federal Reserve (Fed) to keep its benchmark overnight rate steady in ...

Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump's inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading ...

SINGAPORE/NEW YORK: Asia shares rose on Thursday, helped by a jump in their Chinese counterparts on Beijing's latest measures ...

Chinese authorities on Thursday introduced several measures to stabilize its stock markets, including allowing pension funds to increase investments in domestic equities. Chinese officials said there ...

The dollar was up against the yuan, which seems to be showing resilience against the greenback, implying that the tariff increase under consideration by Trump is in line with expectations, Mizuho ...