4 d. ago China’s currency push gains ground as Russia nears issuance of yuan bond

Russia is inching closer to its first yuan-denominated sovereign bond sale, aiding China’s push to raise the global standing of its currency. Russia’s Finance Ministry will start taking orders on December 2 for the two-part, domestically traded notes. The borrower was expected to market the new debt with a targeted coupon of 6.25 to 6.5 per cent for a 3.2-year tranche, the Interfax news agency reported, adding that the coupon for a 7.5-year portion would be capped at 7.5 per cent. Running a...

Politics

4 d. ago Hong Kong crypto exchange HashKey wins listing nod in test of investor appetite

Crypto exchange operator HashKey Holdings has cleared its Hong Kong listing hearing after an earlier confidential filing, paving the way for a deal that will test investor confidence in the digital asset sector amid evolving regulation. The operator of Hong Kong’s biggest licensed crypto exchange did not disclose the size or the timing of its initial public offering (IPO) in a filing on Monday. It was reported in October that HashKey could raise as much as US$500 million in a listing this...

Economics

8 d. ago China bracing for record winter spikes in power and gas demand this year

China bracing for record winter spikes in power and gas demand this year  Reuters

Politics

2 w. ago Indian Navy Sends Strong Signal To Beijing As China Offers Submarines to Pakistan, Assures Readiness

Indian Navy Sends Strong Signal To Beijing As China Offers Submarines to Pakistan, Assures Readiness  MSN

Politics

2 w. ago China’s euro bond sale sees record demand, signals strong investor confidence

China’s €4 billion (US$4.6 billion) euro-denominated bond sale has drawn record demand, highlighting robust investor confidence in its sovereign assets amid a global shift towards diversification. International and regional investors placed €100.1 billion in orders for the offering – 25 times the fundraising target – China’s Ministry of Finance said in a statement on Wednesday. The seven-year tranche, issued alongside an equal-sized four-year tranche, attracted demand 26.5 times its allocation,...

Economics

2 w. ago China Smashes Bond Sale Records With Over $234 Billion of Bids

China Smashes Bond Sale Records With Over $234 Billion of Bids  Bloomberg.com

Economics

2 w. ago Apple Sees Record October in China With Strong iPhone 17 Demand

Apple Sees Record October in China With Strong iPhone 17 Demand  MacRumors

Politics

2 w. ago Japanese yen weakens to 9‑month low, hits 155 to US dollar amid uncertainties

The Japanese yen slid to a nine-month low against the US dollar, breaching a closely watched threshold of 155 amid domestic policy uncertainties, fading expectations of a Federal Reserve rate cut in December, and amplified China-Japan tensions over Taiwan. The yen’s exchange rate briefly weakened beyond 155.3 to the dollar on Tuesday before improving slightly, while broader markets also came under pressure. Stocks slumped, bonds were sold off, and long-term yields jumped to multi-decade highs,...

Events

2 w. ago Soybean surge on commercial buying, China demand hopes, and record NOPA crush

Soybean surge on commercial buying, China demand hopes, and record NOPA crush  Brownfield Ag News

Politics

3 w. ago Tesla’s Big Asia Play — China’s Model Y Boom And Korea’s FSD Supervised Rollout Signal Strong Regional Comeback

Tesla’s Big Asia Play — China’s Model Y Boom And Korea’s FSD Supervised Rollout Signal Strong Regional Comeback  Stocktwits

Politics

3 w. ago Hong Kong stocks rise as China’s consumer prices boost investor confidence

Hong Kong stocks rise as China’s consumer prices boost investor confidence  South China Morning Post

Economics

4 w. ago Beijing’s US$4 billion bond sale tests economic outlook after trade truce

China’s Ministry of Finance returned to the international bond market for the first time in a year on Wednesday, offering US$4 billion in sovereign notes and giving international investors a chance to register their opinion on the country’s economic outlook amid receding trade tensions. The issuance in Hong Kong came just days after a truce in the long-simmering US-China trade dispute and followed Beijing’s unveiling of its 15th five-year plan for economic and social development. The offering of...

Economics