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Pakistan Requests China to Increase Currency Swap Agreement by 10 Billion Yuan
27 Apr 2025 08:16 GMT
Sun 27 Apr 2025 | 08:54 AM
Pakistani Finance Minister Muhammad Aurangzeb said that his country requested China to increase its existing currency swap agreement by 10 billion yuan, about $1.4 billion, and expects Islamabad to issue Panda bonds before the …
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US' mixed messages on China trade talks 'misleading'
26 Apr 2025 21:08 GMT
A trader works on the floor of the New York Stock Exchange in New York, the United States, on Feb. 3, 2025. U.S. stocks ended lower on Monday, as investors reacted to the Donald Trump administration's planned tariff rollout. The Dow Jones Industrial …
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The New Gold Story: Who’s Buying, And Why
26 Apr 2025 19:17 GMT
Image Source: Pixabay
Key Takeaways
In 2024, central banks bought over 1,000 metric tons of gold, for the third year in a row, signaling a strategic shift amid rising geopolitical and currency risks.
A spirited policy debate spurred on by President Trump …
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Better Buy Now: Gold at $3,500 or an S&P 500 Index Fund?
26 Apr 2025 17:28 GMT
The price of gold is hitting new all-time highs -- surpassing $3,500 per ounce. Meanwhile, the S&P 500 (^GSPC 0.74%) is in a correction. Some investors may be wondering if it is better at the moment to buy the dip in the S&P 500 or ride the gold …
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ASEAN, China promote cross-border payments
26 Apr 2025 16:53 GMT
Beijing (VNA) – Trade between the Association of Southeast Asian Nations (ASEAN) and China has grown strongly in recent years, leading to a rising demand for the use of the renminbi (RMB) in cross-border payments, according to the International Trade news …
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Oneconnect Releases ESG Report For The Third Consecutive Year, Strengthening Its Leadership In Sustainable Finance
25 Apr 2025 12:06 GMT
(MENAFN- PR Newswire)
SHANGHAI, April 25, 2025 On April 24, OneConnect Financial Technology Co., Ltd ("OneConnect" or the "Company", NYSE: OCFT , HKSE: 6638) officially released its 2024 Environmental, Social, and Governance (ESG) …
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Nasdaq closes higher in tech-fueled surge with Alphabet report due
25 Apr 2025 04:44 GMT
4:13pm: Big Tech leads the way
U.S. stocks had a strong day on Thursday, wrapping up their third straight session of gains. Investors jumped back into tech stocks, helped along by fresh optimism around U.S.-China trade talks and the potential for Federal …
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S&P 500 and Nasdaq surge midday; Dow also gains on trade, Fed cues
24 Apr 2025 17:55 GMT
12:50pm: Fed softens tone
Wall Street is firmly in rally mode at midday, with major indexes extending their gains for a third straight session.
The S&P 500 is up 1.7%, while the tech-heavy Nasdaq has jumped 2.2%, leading the day’s advance. The Dow is …
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FinMin meets Chinese, Saudi counterparts in Washington
24 Apr 2025 03:30 GMT
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Business
FinMin meets Chinese, Saudi counterparts in Washington
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Aurangzeb briefs them on economic situation of Pakistan
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Published On: Thu, 24 Apr 2025
06:26:31 PKT
WASHINGTON (Dunya News) – Finance Minister Muhammad Aurangzeb held …
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China Declares Currency War: New Plan Aims to Replace the Dollar With the Yuan in Global Trade
23 Apr 2025 23:25 GMT
With the US continuously hammering down on China with reciprocal tariffs–the highest amongst Trump's recent tariff sweep, the Asian superpower has announced plans to use its currency–the yuan–as a form of payment for international transactions. Said …