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Results 71 - 80 of 1094 for renminbi

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  1. Decision on renminbi transactions welcomed

    Posted Apr 10th 2009, 12:00am by Dennis Eng

    ... will be able to make use of RMB [renminbi] resources. Therefore, it provides greater security in this particular time of need and definitely will then create more jobs for Hong Kong. This will have ...

    http://www.scmp.com/article/676364/decision-renminbi-transactions-welcomed
  2. Business - Money - CURRENCIES

    Growing power of the yuan

    Posted Jun 10th 2013, 12:00am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com The mainland currency has risen steadily to a record high against the US dollar, its stability and positive yield catching investors' attention Growing power of the yuan The yuan has continued its strong run, rising to ...

    http://www.scmp.com/business/money/investment-products/article/1257273/growing-power-yuan
  3. News - Hong Kong - OCCUPY CENTRAL

    SHKP hotel business down 10pc due to Occupy Central, Thomas Kwok claims

    Posted Nov 15th 2014, 03:51pm by SIJIA JIANG

    ... to start tomorrow, was "a very good start". "The through train is an important first step in the central authority's full opening up of the [yuan] capital account and renminbi ...

    http://www.scmp.com/news/hong-kong/article/1640618/business-down-10pc-occupy-central-shkps-thomas-kwok-claims
  4. Battle of the renminbi

    Posted Sep 13th 2003, 12:00am by Staff Reporter

    ... A bill has been introduced in the US Congress to impose economic sanctions on China if it refuses to revalue its currency, which is pegged to the US dollar. If the bill goes through, China's US$134 billion in exports to the US could suddenly face tariffs of nearly 30 per cent. The congressmen argue that China's renminbi exchange rate is artificially low and Chinese ...

    http://www.scmp.com/article/427761/battle-renminbi
  5. High interest in Hong Kong's new renminbi bank accounts

    Posted Feb 26th 2004, 12:00am by Carrie Chan

    ... Carrie Chan With the debate over patriotism raging, businessman Eddie Luk Ngai-ming yesterday expressed his love for his country in a different way: by opening a renminbi account at Bank of China headquarters. Yesterday was the first day that Hong Kong banks could offer their customers renminbi deposit accounts. But unlike most people who were attracted by higher interest rates ...

    http://www.scmp.com/article/445973/high-interest-hong-kongs-new-renminbi-bank-accounts
  6. Hong Kong as a trading post for the renminbi

    Posted Aug 25th 2003, 12:00am by Tony Latter

    ... When the world is eventually presented with a fully convertible renminbi - as it surely will be, although it is a bold person who predicts the timing - where is most financial business ... what can we make of the recent announcement that the central government has agreed to give preference to Hong Kong in the context of offshore renminbi business and to 'consider ...

    http://www.scmp.com/article/425795/hong-kong-trading-post-renminbi
  7. US Treasury team in capital for talks on revaluing renminbi

    Posted Feb 26th 2004, 12:00am by Staff Reporter

    ... Allen T. Cheng in Beijing US Treasury officials yesterday started two days of talks on the renminbi with representatives of the People's Bank of China. The visit by the six-member ... the renminbi, but he did get an agreement for the two sides to work together to reform China's financial and banking system so the currency can float in the future. 'This is a technical ...

    http://www.scmp.com/article/445952/us-treasury-team-capital-talks-revaluing-renminbi
  8. Business - Banking & Finance - CURRENCIES

    Yuan decades away from being global reserve currency

    Posted Apr 11th 2014, 10:18am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Yuan remains decades away from global status Despite the significant progress Beijing has made in broadening global use of the yuan, observers say the mainland currency has more often been chased by speculat ...

    http://www.scmp.com/business/money/article/1475607/yuan-decades-away-being-global-reserve-currency
  9. HK and China discussing greater role for Renminbi bonds

    Posted Aug 24th 2004, 12:00am by Andy Chen, Judy Ngao

    ... institutions to issue Renminbi bonds. Renminbi bonds are bonds issued in mainland currencies- Renminbi or yuan. Mr Tang said late on Monday the discussions focused on whether issuing the bonds would be beneficial to both sides. Local currency bond issues allow multinational companies and organisations to reduce currency risks and match their funding needs with sources of capital. The Renminbi bond ...

    http://www.scmp.com/article/467598/hk-and-china-discussing-greater-role-renminbi-bonds
  10. Renminbi peg for Hong Kong dollar 'is worth considering'

    Posted Aug 28th 2003, 12:00am by Kelvin Chan

    ... Switching the Hong Kong dollar's peg from the US dollar to the renminbi is the only alternative worth considering, one of the original architects of Hong Kong's currency system ... School of Economics, he said: 'I think the choice is either a renminbi peg or a dollar peg.' A renminbi peg was an option because the Hong Kong and mainland economies were now so ...

    http://www.scmp.com/article/426163/renminbi-peg-hong-kong-dollar-worth-considering

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