The State Administration of Foreign Exchange (SAFE) in China has reiterated that there is no change in China's policy on cross-border remittance of funds, and that it will continue to promote a high-level opening-up to the world. The announcement com...

The S&P Global/CIPS UK Manufacturing Flash PMI increased to 49.2 in February 2023 from 47 in January, beating market forecasts of 47.5, preliminary estimates showed. This marks a positive change for the manufacturing industry, which has been expe...

The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as hawkish comments from Federal Reserve officials and stronger-than-expected inflation readings raised expectations of more interest rate...

Most Asian currencies remained largely unchanged on Thursday despite China announcing additional measures to bolster its economic growth. The Chinese yuan rose by 0.2% after the People's Bank announced its plans to support the property market and inc...