Yuan

The company stacked up a mountain of 61 million yuan (Rs 73,78,48,939) in banknotes, almost two meters high at the company's annual party.

The annual GDP of China totalled 121.02 trillion yuan ( $17.94 trillion) in 2022, falling below the 5.5 per cent official target, the National Bureau of Statistics (NBS) said.

The woman spent 90,400 yuan (Rs 10,84,800) buying the fish and released them into a major lake in the city for a Buddhist ritual to bring herself good luck.

Vivo Y53t has been launched in China. The handset ships with the MediaTek Dimensity 7000 SoC and features a 6.51-inch HD+ LCD display. The phone houses a 5,000mAh battery with 15W fast charging support. It will be available for sale from January 9 in China at a starting price of Yuan 999.

Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.

Foxconn on Thursday apologised after workers at its iPhone assembly plant were beaten in protests earlier this week. The firm has reportedly offered up to CNY 10,000 yuan (roughly Rs. 1.1 lakh) to new hires who choose to leave. Foxconn has been desperate to keep operations ticking along at its iPhone factory in China after a handful of COVID-19 cas...

A businessman in China who lost all his fortune is raising money by selling grilled sausages to pay a debt of Rs 52 crore.

The Chinese spy ship Yuan Wang VI has now crossed into the Indian Ocean and is reported to be sailing off the coast of Bali.

The Indian rupee reversed the previous session's losses to gain sharply on Friday against a retreating dollar.

The rupee reversed gains from earlier on Tuesday to end slightly lower against a softer dollar.

The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets.

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

The trial of China’s digital Yuan is expanding to the provinces of Jiangsu, Hebei, Guangdong, and Sichuan. Fan Yifei, the deputy governor of the People’s Bank of China (PBOC) has revealed recently that the e-CNY trial is now being expanded to more populated areas of the country. China's central bank has been working on its CBDC for the last two...

Bangladesh has allowed banks to maintain accounts in Chinese currency for overseas transactions to reduce dependency on the US dollar.

VTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system SWIFT that underpins financial transactions globally.

The company stacked up a mountain of 61 million yuan (Rs 73,78,48,939) in banknotes, almost two meters high at the company's annual party.

The annual GDP of China totalled 121.02 trillion yuan ( $17.94 trillion) in 2022, falling below the 5.5 per cent official target, the National Bureau of Statistics (NBS) said.

The woman spent 90,400 yuan (Rs 10,84,800) buying the fish and released them into a major lake in the city for a Buddhist ritual to bring herself good luck.

Vivo Y53t has been launched in China. The handset ships with the MediaTek Dimensity 7000 SoC and features a 6.51-inch HD+ LCD display. The phone houses a 5,000mAh battery with 15W fast charging support. It will be available for sale from January 9 in China at a starting price of Yuan 999.

Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.

Foxconn on Thursday apologised after workers at its iPhone assembly plant were beaten in protests earlier this week. The firm has reportedly offered up to CNY 10,000 yuan (roughly Rs. 1.1 lakh) to new hires who choose to leave. Foxconn has been desperate to keep operations ticking along at its iPhone factory in China after a handful of COVID-19 cas...

A businessman in China who lost all his fortune is raising money by selling grilled sausages to pay a debt of Rs 52 crore.

The Chinese spy ship Yuan Wang VI has now crossed into the Indian Ocean and is reported to be sailing off the coast of Bali.

The Indian rupee reversed the previous session's losses to gain sharply on Friday against a retreating dollar.

The rupee reversed gains from earlier on Tuesday to end slightly lower against a softer dollar.

The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets.

A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.

The trial of China’s digital Yuan is expanding to the provinces of Jiangsu, Hebei, Guangdong, and Sichuan. Fan Yifei, the deputy governor of the People’s Bank of China (PBOC) has revealed recently that the e-CNY trial is now being expanded to more populated areas of the country. China's central bank has been working on its CBDC for the last two...

Bangladesh has allowed banks to maintain accounts in Chinese currency for overseas transactions to reduce dependency on the US dollar.

VTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system SWIFT that underpins financial transactions globally.