The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with stimulus measures.

Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.

China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low against the dollar in offshore trading.

Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.

The tariff-threat inspired gains stalled, and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies. Click to read.

Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.

The 5% expansion is in line with the target set by Beijing, but it is the weakest since 1990, excluding the pandemic years.

It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025. Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes from comments by new U.

Donald Trump blamed Ukraine President Volodymyr Zelensky for Russia’s invasion of his homeland during the second part of his interview with Sean Hannity, which aired on Fox News last night.The president said Zelensky was “no angel” and had allowed the war to rumble on but added he would be prepared to impose massive tariffs on Moscow if Vladimir Putin refuses to enter talks on ending the conflict.

The Department of Justice says it will "vigorously defend" Donald Trump's executive order ending birthright citizenship, after it was temporarily blocked in a federal court earlier today.

Years of good growth and sound policymaking have given the region’s policymakers more wriggle room to navigate what is shaping up to be an increasingly tricky year for their economies

Hang Seng jumps 2% on China’s stimulus and upbeat US-China talks. Tech stocks soar as optimism drives investor sentiment.