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Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
China's plan to facilitate cross-border financial services will help promote greater international usage of the yuan, a ...
China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s ...
Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite ...
Li Gang, an official with the ministry, said that the program had enabled over 120 million consumers to receive cash ...
China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and ...
BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
BYD reported 9.15 billion yuan in net income for the first quarter of 2025, beating out Tesla for the second time in less ...