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As such, SDRs can provide a country with liquidity. A basket of currencies defines the SDR: the US dollar, Euro, Chinese Yuan, Japanese Yen, and the British Pound. The SDR is an international reserve ...
In China’s “porcelain capital,” traditional craftsmanship is making way for cuteness, as social media shapes consumer habits.
† Department of Chemistry, National University of Singapore, 3 Science Drive 3, Singapore 117543 ‡ Department of Physics, National University of Singapore, 2 Science Drive 3, Singapore 117542 Article ...
Dr. Kishti Sen, ANZ International Economist for PNG and the Pacific, has emphasized the importance of Papua New Guinea diversifying its export markets. In an interview with Post Courier Online this ...
Following the United States’ imposition of a 10 percent tariff on Papua New Guinea and other countries worldwide, international economic expert Dr. Kishti Sen discussed its implications for PNG’s ...
China’s yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and access for foreigners, according to a senior Asian economist.
Xiaomi Corp. is planning to invest at least 50 billion yuan ($6.9 billion) in developing its own mobile processor over a decade to grow its semiconductor clout, as major tech companies ...
Papua New Guinea’s state-owned mining company will pay at least $60 million to ASX-listed Kingston Resources for control of a major gold development and exploration project in the Solomon Sea.
Amid growing uncertainty in global financial markets, the internationalization of the yuan could support a more multipolar world, and it presents an opportunity for China to shape the next chapter ...
† Key Laboratory of Functional Inorganic Material Chemistry, Ministry of Education, Heilongjiang University, 74 Xuefu Road, Harbin 150080, P.R. China § State Key Laboratory on Integrated ...
Brazil may issue its first yuan-denominated Panda Bonds to diversify away from Western financial systems. Brazil’s central bank plans stricter stablecoin rules, banning transfers to foreign wallets.