Business
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear CHINA is about to…
Tag
yuan
Business
Indonesia launches 6 billion yuan dim sum bond, to be listed on SGX
The bond offers yields of 2.5% on five-year notes and 2.9% on the 10-year tranche Indonesia has launched its debut offshore…
Business
Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring
The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer…
Business
China opens digital yuan hub in Shanghai to boost global use
The hub will support digital finance trade, investment, innovation, and strengthen the country’s overseas financial links China’s central…
Business
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Business
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’ Raffles Education has received a letter of…
Business
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486…
Business
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
News
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency…
Business
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan…
Business
China's central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central…
Business
Perennial to invest one billion yuan to open two healthcare institutions in Guangzhou
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with…
Business
Perennial to invest one billion yuan to open two hospitals in Guangzhou
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with…
Business
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts ESE stocks are…
Business
CapitaLand Investment launches 5 billion yuan China fund
CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund,…
Business
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
Business
CapitaLand China Trust Q1 NPI slips 6.6% to 292.5 million yuan amid lower revenue
The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first…
Business
Q&M Dental seeks secondary listing on Bursa; demands 72.3 million yuan from Aoxin Q&M CEO
Q&M Dental Group is proposing a secondary listing on the main market of Bursa Malaysia. The move would broaden its investor reach and…
Business
CapitaLand Investment launches its first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in…
Business
China engineers orderly yuan drop as trade war threatens growth
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the…
Politics
PBOC set to reveal hand on yuan as depreciation talk mounts
A dramatic escalation in the trade war has brought China to a crossroads, with policymakers set to decide if they should retain a tight…
Politics
Yuan devaluation market chatter grows as trade war worsens
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the…
Business
4 China state banks plan 520b yuan placements to add capital
Four of China’s largest state banks plan a total of up to 520 billion yuan in private placements to boost core tier-1 capital, after…