Tag: yuan

Global Trade

China ‘Internationalise’ Yuan Trade With Russia After the Ukraine Conflict

by Anuj Singh

May 12, 2023

China has used its soft power with its close neighbour and ally Russia to increase the ...

Currencies

In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

by Sunil Bolar

May 17, 2022

In a boost to China’s efforts in opening up its financial markets, the International Monetary Fund ...

Infrastructure

UAE Doubles Renewable Energy Capacity in 3 Years, Targets 30% by 2030

To reach net-zero emissions by 2050, the UAE, the third-largest producer in Opec, has been making significant investments in clean ...

September 16, 2024

Energy

Global Oil Demand Growth Is At its Slowest, Driven by China’s Decline

Oil prices fell below $70 per barrel in London on Wednesday for the first time since late 2021 The International ...

September 13, 2024

Banking

$5 Trillion Mortgage Market of China Faces Interest Rate Cuts

This year, policymakers have taken forcefully decisive action to reduce borrowing costs, doing away with centrally government-guided mortgage rate floor ...

September 12, 2024

Mergers & Acquisitions

News Corp’s REA Group Faces Setback as Rightmove Rejects $7.32 Billion Bid

REA is 61% owned by News Corp, which also owns Dow Jones & Co Following Rightmove's rejection of News Corp ...

September 12, 2024

Economy

GCC-India-Brazil Trade Partnership Grows to $195 Billion, Emphasizing Tech and Sustainability

The foundation of the trade is their economic cooperation Hitting a total of $195.1 billion in 20222, the trade between ...

September 11, 2024

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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.