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Yuan

News analysis

Yen intervention puts China’s renminbi under more pressure

China’s central bank has recently been setting the renminbi’s daily fixing at a weaker-than-expected level, in what could indicate its effort to temper the currency’s rally. 
China’s central bank has recently been setting the renminbi’s daily fixing at a weaker-than-expected level, in what could indicate its effort to temper the currency’s rally. 

Hong Kong to debut offshore China government bond futures to deepen yuan use

The offshore five-year CGB futures, the only such contract listed outside mainland China, will begin trading on Hong Kong Exchanges and Clearing (HKEX) on Aug 3.
The offshore five-year CGB futures, the only such contract listed outside mainland China, will begin trading on Hong Kong Exchanges and Clearing (HKEX) on Aug 3.

China’s central bank pledges timely policy tool adjustment

Pan Gongsheng, governor of People’s Bank of China, speaking at the Lujiazui Forum 2026 in Shanghai on June 17.
Pan Gongsheng, governor of People’s Bank of China, speaking at the Lujiazui Forum 2026 in Shanghai on June 17.

China’s fiscal revenue expands 4.7% in first half of 2026

Fiscal revenue totalled $2.32 trillion in the January-June period, the data showed, with tax revenue growing 5.3 per cent year on year and non-tax revenue expanding 2.3 per cent.
Fiscal revenue totalled $2.32 trillion in the January-June period, the data showed, with tax revenue growing 5.3 per cent year on year and non-tax revenue expanding 2.3 per cent.

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

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.