The Vancouver outpost of renowned Taiwanese restaurant chain Din Tai Fung is set to hire 300 workers as it gets ready for its 2025 opening. It was expected to open late last year, but has been ...
Billionaire Hong Kong businessman Tony Fung is at war with minority shareholders in a prize-winning racehorse called Laws of Indices who are fuming that the horse is being sold for just $25,000.
Katherine Fung is a Newsweek reporter based in New York City. Her focus is reporting on U.S. and world politics. She has covered the Republican primary elections and the American education system ...
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life. The offshore yuan slid as much as 0.3% while ...
For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not least the yuan ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the ...
SHANGHAI/HONG KONG -- Investors are bracing for a gradual weakening of the Chinese yuan against the U.S. dollar as the Chinese central bank's aim of keeping the currency stable faces pressure from ...
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...
The Legislative Yuan yesterday on third reading passed the central government budget for this year, cutting 6.6 percent from the Executive Yuan’s proposed expenditure — the largest in history. The ...
The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his inaugural address, with analysts forecasting the currency would ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...