NIO Reports $974 Million Quarterly Loss Despite Record Deliveries, Higher Revenue
Based on their announcement, full-year deliveries hit a record 221,970 units, a 38.7% rise from 2023.Supported by rising ...
China asks lenders to raise credit limit for consumer loans, report says
China has asked banks to raise credit limits for consumer loans, financial media outlet 21jingji reported on Friday, as part ...
China Encouraged To Strengthen Stablecoin Development By CCP-Backed Media Amid Trump's Support
In response to the rising influence of U.S. dollar-pegged cryptocurrencies, a Chinese Communist Party-backed publication ...
Chinese yuan weakens to 7.176 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 pips to 7.176 against the U.S. dollar ...
China.org.cn2d
Market exchange rates in China -- March 21
BEIJING, March 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange ...
Temu-owner PDD Holdings misses quarterly revenue expectations
PDD Holdings, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand ...
Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express
The totally nonsensical “official Chinese Mint crypto” scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia ...
The Nation Newspaper5d
CBN steadies naira despite surge in forex demand
The official foreign exchange (forex) rate depreciated by 1.3 per cent to N1,537.50 per dollar as CBN’s robust intervention — selling $360.00 million to authorised dealers — helped mitigate a steeper ...