Yen choppy after BOJ hikes rates; yuan, Antipodean peers rise on Trump comments
The yen was choppy after the Bank of Japan (BOJ) delivered a widely anticipated rate hike on Friday, while the Australian and ...
Dollar May Remain Below 7.3000 Vs. Offshore Yuan for Now
The dollar may remain below 7.3000 against the offshore Chinese yuan for now, DBS Group Research’s Chang Wei Liang says in commentary. In his speech at Davos overnight, U.S. President Trump spoke ...
Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back ...
Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...