Straitstimes.com header logo

Choose edition

Search

singapore

asia

world

opinion

life

business

sport

Visual

Podcasts

SPH Rewards

STClassifieds

Paid press releases

Advertise with us

FAQs

Contact us

 

Yuan

From lottery draws to fiscal spending, China broadens digital renminbi footprint

Banks are also being pressed to grow digital yuan use in cross-border transactions, particularly along Belt and Road Initiative routes.
Banks are also being pressed to grow digital yuan use in cross-border transactions, particularly along Belt and Road Initiative routes.

China plans largest renminbi bond issuance since 2023 in Hong Kong

The finance ministry will issue 15.5 billion yuan (S$2.9 billion) government bonds in Hong Kong on April 22.
The finance ministry will issue 15.5 billion yuan (S$2.9 billion) government bonds in Hong Kong on April 22.

The Iran war is accelerating the petrodollar’s decline

Like the stricken Saudi Aramco Ras Tanura refinery complex (above), the petrodollar has suffered a blow from Iranian attacks as Tehran looks to other currencies in payment for its oil.
Like the stricken Saudi Aramco Ras Tanura refinery complex (above), the petrodollar has suffered a blow from Iranian attacks as Tehran looks to other currencies in payment for its oil.

Britain's Finucane breaks women's flying 200m track world record

FILE PHOTO: Paris 2024 Olympics - Track Cycling - Women's Sprint, Finals - Race 2 - Saint-Quentin-en-Yvelines Velodrome, Montigny-le-Bretonneux, France - August 11, 2024. Emma Finucane of Britain celebrates after winning bronze. REUTERS/Matthew Childs
FILE PHOTO: Paris 2024 Olympics - Track Cycling - Women's Sprint, Finals - Race 2 - Saint-Quentin-en-Yvelines Velodrome, Montigny-le-Bretonneux, France - August 11, 2024. Emma Finucane of Britain celebrates after winning bronze. REUTERS/Matthew Childs

Why is China renewing a push for its digital currency?

 By offering interest similar to banks’ demand-deposit rates, Beijing is recasting the e-CNY from a cash-like instrument into something closer to a deposit.
 By offering interest similar to banks’ demand-deposit rates, Beijing is recasting the e-CNY from a cash-like instrument into something closer to a deposit.

Swiatek sees off Bouzkova to reach Australian Open third round

Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 22, 2026 Poland's Iga Swiatek celebrates after winning her second round match against Czech Republic's Marie Bouzkova REUTERS/Tingshu Wang
Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 22, 2026 Poland's Iga Swiatek celebrates after winning her second round match against Czech Republic's Marie Bouzkova REUTERS/Tingshu Wang

Swiatek fends off dogged Yuan to reach Australian Open second round

Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 19, 2026 Poland's Iga Swiatek celebrates after winning her first round match against China's Yue Yuan REUTERS/Tingshu Wang
Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 19, 2026 Poland's Iga Swiatek celebrates after winning her first round match against China's Yue Yuan REUTERS/Tingshu Wang

China seizes moment to globalise renminbi as dollar doubts mount

Chinese policymakers see erratic US decision-making as the most favorable backdrop to promote the yuan. 
Chinese policymakers see erratic US decision-making as the most favorable backdrop to promote the yuan. 

Labubu-maker Pop Mart diversifies into jewellery with new concept store

People visit the Pop Mart's flagship store in Shanghai, China June 13, 2025. REUTERS/Go Nakamura
People visit the Pop Mart's flagship store in Shanghai, China June 13, 2025. REUTERS/Go Nakamura

Fourth seed Paolini survives first-round wobble to beat Yuan at French Open

Tennis - French Open - Roland Garros, Paris, France - May 25, 2025 Italy's Jasmine Paolini in action during her first round match against China's Yue Yuan REUTERS/Lisi Niesner
Tennis - French Open - Roland Garros, Paris, France - May 25, 2025 Italy's Jasmine Paolini in action during her first round match against China's Yue Yuan REUTERS/Lisi Niesner

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

Download the app

Get unlimited access to exclusive stories and incisive insights from the ST newsroom
Subscribe Placeholder
MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.