Renminbi
Myanmar to accept renminbi for trade, investment settlements with China
Myanmar’s military government will begin accepting China’s currency, the renminbi, as official settlement currency for trade with and investments from its northern neighbor, Reuters...
Asia’s currencies get hammered after double yuan whammy
Asian currencies suffered big time after after China's surprise decision to devalue the yuan on August 11, and got a double whammy after Beijing...
China, Singapore allow direct renminbi trading
China and Singapore have agreed to allow direct trading between each other's currency, Singapore's central bank said on October 22.
The move, along with other...
Malaysia, China set trade target of $160b by 2017
Malaysia and China have set a bilateral trade target of $160 billion by 2017, as agreed between Malaysia's Prime Minister Najib Razak and China's...
Singapore, HK vie for yuan gateway
After Singapore doubled its currency swap agreement with China in March, the city-state has been given the upper hand over Hong Kong in becoming...
Malaysian companies urged to accept Renminbi
In an effort to secure better trading terms and investment rates with Chinese suppliers and purchases, the Malaysian, HSBC Bank Malaysia Bhd's Director Trade...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...