Become a contributor

Bookmark Econotimes

Mon, Apr 13, 2026 01:05 AM All times are UTC

Follow Series

Renminbi Series

©Econometrics LLC . All Rights Reserved.

Over the past decade, China has emerged as global superpower of economics and Geo-politics. Chinese currency Yuan has emerged as top contender to Challenge global dominance of Dollar. This year in Yuan might join International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket, strengthening Yuan’s position as global reserve currency. In this series, we discuss about China, its politics, economics, and vulnerabilities with a view of Renminbi.

Renminbi Series

PBoC weakens fix to weakest in five years

May 25, 2016 05:59 am UTC| Commentary Central Banks

Peoples Bank of China (PBoC), in response to stronger Dollar has weakened the fix to 6.5693 per Dollar, a level not seen since March, 2011. It has now surpassed the weakest fix level seen in January this year, which led to...

Renminbi Series

Renminbi Series: China’s rebound proving to be short-lived

May 09, 2016 09:35 am UTC| Commentary

According to the data released over the weekend, both Chinese exports and imports shrank in April from a year back. Exports declined as much as 1.8% in USD, while imports declined 10.9%. These indicate March surge has...

Renminbi Series

China’s FX reserves rise moderately in April, USD/CNY forecast to reach 6.7 by 2016-end

May 09, 2016 06:33 am UTC| Commentary Central Banks

China released its FX reserves data for April, along with the foreign trade data. The overall scenario is that the Chinese economy continues to face headwinds, albeit less stronger than in the earlier months, noted Nordea...

Renminbi Series

China’s FX reserves likely declined again in April

May 06, 2016 08:16 am UTC| Commentary Central Banks

Chinas official foreign reserves are likely to have dropped again, although moderately, in April, according to Societe Generale. Chinas FX reserves are expected to have decreased to $3,195 billion in April from $3,212 at...

Renminbi Series

FxWirePro: USD/CNY hovers around key support at 6.4910, intraday bias remains neutral

Apr 27, 2016 08:22 am UTC| Technicals

Pair is currently supported above 6.49 marks and trading around 6.4917 levels. It made intraday high at 6.4925 and low at 6.4880 levels. Today PBOC sets Yuan mid-point at 6.4837/ dollar vs last close...

Renminbi Series

Renminbi Series: State firms’ profits decline reveal vulnerability

Apr 26, 2016 07:21 am UTC| Commentary Economy

Yet another evidence of weakness from China, where conditions seem to have eased in recent times. Rising stock market around the world, makes turmoil at beginning of the year makes a fading memory. House prices are rising...

Renminbi Series

Renminbi Series: Chinese debt fuelling commodities?

Apr 25, 2016 10:09 am UTC| Commentary

As feared governments rise in fiscal deficit is once again started fuelling the debt engines, both private and state owned enterprises. In first quarter alone, new loans have surpassed $1 trillion level. Total debt rose to...

11 12 13 14 15 16 17 18 19 20

Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...