The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

the country’s central bank chief said on Monday, pledging supportive monetary tools, measures to stem property market risks and tighter financial links between the mainland and Hong Kong.

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.

European markets ticked cautiously higher as the world looks to the inauguration of Donald Trump later on today.

Exclusive: Former cabinet minister Iain Duncan Smith said that the chancellor’s trip to Beijing was a desperate move ‘because ...

Rachel Reeves is expected to raise support for Russia’s war in Ukraine and issues of human rights in Hong Kong during ... dialogue since 2019, with Bank of England Governor Andrew Bailey and ...

Hui Doe & Sum partner Vivian Hui said the firm is in final stages of discussions with Yingke regarding a formal association.

Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...

Skipton International, a licensed bank in Guernsey and a leading mortgage lender for UK buy-to-let mortgages, has announced ...

European markets ticked cautiously higher as the world looks to the inauguration of Donald Trump later on today.

We must speak often and candidly with China where we disagree, including on democratic values and freedoms, Hong Kong, and ...

Luke de Pulford, executive director of the Inter-Parliamentary Alliance on China, an international organisation of ...