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Pop Mart’s half-year profits soared by nearly 400% driven by the Labubu doll; The company’s CEO expects revenue to exceed $4 ...
There’s a quiet change sweeping China’s economy. The Asian giant is slowly but steadily pushing forward with digital currencies — there are reports that it is even considering a yuan-pegged stablecoin ...
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Kenya's debt: William Ruto's administration engages China to convert US Dollar loans to Yuan
Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya is negotiating with China to extend repayment terms and ...
China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.
Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister John ...
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...
China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019. View on euronews ...
Kenya’s repayment of the SGR loan is currently in US dollars, meaning the government must constantly buy large amounts of ...
The lion’s share of yuan transactions take place in Hong Kong. The U.S. dollar’s share as a global payment currency was over ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
One interesting snippet for FX markets in those FOMC minutes were remarks that the available data showed 'relative stability' ...
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