Visa Visa Inc. is hoping to be the second of many U.S. credit card companies to issue yuan denominated cards. The Chinese currency is fast becoming a marketable currency, and part of reforming the foreign exchange policy in China includes opening the ...

While investors have been quick to take on China as an emerging market equities play, Chinese yuan-denominated bonds have not been as popular.

SHANGHAI--China's yuan fell against the U.S. dollar late Thursday after the central bank guided it lower for the second session in a row to reflect the dollar's broad gains.

NEW YORK, May 14, 2013 (GLOBE NEWSWIRE) -- Guggenheim Investments, the investment management division of Guggenheim Partners, today announced that it will liquidate the Guggenheim Yuan Bond ETF (RMB) in order to reinforce its commitment to ...

yuan currency Ben Gersten: It's only a matter of time before the U.S. dollar loses its more than 50-year reign as the world's dominant reserve currency, and it will be replaced by the Chinese yuan. From January 2012-January 2013, transactions in yuan ...

It's the Chinese currency. We have a problem. Just to put it in perspective, recently China announced it had a trade balance report.

Highland Capital Management seeks 5 bln yuan in first tranche. * Focused on SE Asian targets serving overseas Chinese demand. * Follows establishment of state-owned yuan offshore fund in 2012. * Hopes to cash in on liberalisation of capital account ...

On the over-the-counter market, the dollar hit 6.1537 yuan in the early afternoon--its lowest since the launch of the modern Chinese currency trading system in 1994. At around 0830 GMT, the dollar was at 6.1560 yuan around 0830 GMT, lower than Friday's ...

TAIPEI--Taiwanese motor and home appliance provider Teco Electric & Machinery Co. will list 300 million Chinese yuan (US$48.4 million) in corporate bonds on the local over-the-counter (OTC) market on May 20, financial adviser HSBC Taiwan said ...

A widening of the Chinese yuan's trading band could be imminent judging by the latest comments from the country's central bank, but analysts add one important caveat: don't expect any change to bring a significant strengthening of the currency.