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Yuan Squeeze Hits Hong Kong as Fragile Sentiment Spills to FX

(Bloomberg) The cost to borrow the yuan in Hong Kong rose to the highest in almost two years, signaling its scarcity in the city — and reminding traders of a currency-strengthening tactic once employed by Beijing.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stan ....

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Yuan Funding Costs Jump in Hong Kong Amid Signs of Cash Squeeze

Yuan Funding Costs Jump in Hong Kong Amid Signs of Cash Squeeze
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Year-End China Stocks Rally Takes Hold as Foreign Funds Pile In

Year-End China Stocks Rally Takes Hold as Foreign Funds Pile In
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Foreign banks set to boost onshore Korean won trading

Plans for longer trading hours and more open interbank FX market will stoke KRW hedging demand ....

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Taiwan's Opposition in Disarray as Alliance Talks Stumble

(Bloomberg) Taiwan’s main opposition parties are running out of time to form a joint ticket in a presidential election that would bolster their chances of unseating an incumbent party with rocky ties to Beijing.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterOpenA ....

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