Topic: Business — Neutral reports only

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[2026-06-11 23:00 UTC+10:00] [credit ratings] [Factuality: 100]
Source: South China Morning Post
Title: Citic Securities breaks Fitch’s rating ceiling with first ‘A’ category for Chinese brokerage
Snippet: Award of an A-minus rating seen as a milestone in China’s efforts to build globally competitive investment banks
Read full article: https://www.scmp.com/economy/economic-indicators/article/3356761/citic-securities-breaks-fitchs-rating-ceiling-first-category-chinese-brokerage
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[2026-06-11 22:41 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022
Snippet: People shop in the produce section of a grocery store on Monday, May 11, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
Read full article: https://apnews.com/article/producer-prices-inflation-economy-iran-137b9d3e10be5244547b3d94a9d6d940
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[2026-06-11 22:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record
Snippet: After yesterday's mixed bag from consumer prices (headline in-line but core cooler than expected and goods deflating), US Producer Prices were expected to keep accelerating higher (on a YoY basis) in May and they did... by more than expected.
Read full article: https://www.zerohedge.com/markets/core-producer-prices-cooler-expected-april-headline-highest-2022
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[2026-06-11 22:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
Snippet: As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation.
Read full article: https://www.zerohedge.com/markets/ecb-hikes-rates-expected-cuts-growth-hikes-inflation-outlook
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[2026-06-11 22:21 UTC+10:00] [National / WA] [Factuality: 100]
Source: The Age
Title: Workers at one of Australia’s most crucial ports are going on strike
Snippet: Union members at one of Australia’s busiest and most profitable ports have voted to go on strike, after weeks of ongoing fears about potential industrial action and its impact on the country’s economy.
Read full article: https://www.theage.com.au/national/western-australia/workers-at-one-of-australia-s-most-crucial-ports-are-going-on-strike-20260611-p6064r.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 22:19 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise, Oil Drops As US Ends Iran Strikes
Snippet: US equity futures are higher led by tech and small caps, with traders buying the dip in stocks as a swift conclusion to the latest round of US strikes against Iran raised expectations that talks over a peace deal and the reopening of the Strait of Hormuz will get back on track.
Read full article: https://www.zerohedge.com/markets/futures-rise-oil-drops-us-ends-iran-strikes
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[2026-06-11 21:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: ECB Preview: First Rate Hike Since 2023
Snippet: Markets expect the ECB to hike by 25bps, the first rate hike since 2023, but do not look for explicit guidance on the path ahead, with the Council likely pledging in the statement to set monetary policy in a data-dependent and meeting-by-meeting fashion. Lagarde is likely to highlight that tightening is appropriate, for example, by repeating that the energy shock requires “some measured adjustment” in the policy stance.
Read full article: https://www.zerohedge.com/markets/ecb-preview-first-rate-hike-2023
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[2026-06-11 21:31 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China's AI companies dig in as SpaceX, US rivals ready IPO bonanza
Snippet: AI-related companies from China raised $21 billion through Hong Kong IPOs in the first five months, more than double a year earlier. © Reuters
Read full article: https://asia.nikkei.com/business/markets/china-s-ai-companies-dig-in-as-spacex-us-rivals-ready-ipo-bonanza
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[2026-06-11 21:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s biotech industry sees global expansion as unstoppable, despite US pressure
Snippet: Chinese drug makers are increasingly relying on overseas licensing deals to reach global markets amid growing geopolitical tensions
Read full article: https://www.scmp.com/business/china-business/article/3356778/chinas-biotech-industry-sees-global-expansion-unstoppable-despite-us-pressure?utm_source=rss_feed
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[2026-06-11 21:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s biotech industry sees global expansion as unstoppable, despite US pressure
Snippet: Chinese drug makers are increasingly relying on overseas licensing deals to reach global markets amid growing geopolitical tensions
Read full article: https://www.scmp.com/business/china-business/article/3356778/chinas-biotech-industry-sees-global-expansion-unstoppable-despite-us-pressure
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[2026-06-11 21:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Kalshi promo code NYPMAX: Trade $10, get $10 for RBC Canadian Open markets
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/11/betting/kalshi-promo-code-nypmax-trade-10-get-10-for-rbc-canadian-open-markets/
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[2026-06-11 20:37 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: SpaceX IPO is a ‘referendum’ on Musk, say market watchers
Snippet: Friday's hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a "referendum" on Elon Musk's leadership, according to market watchers.
Read full article: https://www.cnbc.com/2026/06/11/spacex-ipo-elon-musk-valuation.html
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[2026-06-11 20:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Panda and pet services: China plans over 160 tourist trains to boost consumption
Snippet: Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy
Read full article: https://www.scmp.com/economy/china-economy/article/3356759/panda-and-pet-services-china-plans-over-160-tourist-trains-boost-consumption?utm_source=rss_feed
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[2026-06-11 20:30 UTC+10:00] [Panda Express] [Factuality: 100]
Source: South China Morning Post
Title: Panda and pet services: China plans over 160 tourist trains to boost consumption
Snippet: Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy
Read full article: https://www.scmp.com/economy/china-economy/article/3356759/panda-and-pet-services-china-plans-over-160-tourist-trains-boost-consumption
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[2026-06-11 19:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: From Almaty to orbit: Kazakhstan woos Hong Kong travellers with rocket launches
Snippet: Six Kazakhstan-based firms have booths under the theme “Visit Almaty” at 40th International Travel Expo in the city
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356765/almaty-orbit-kazakhstan-woos-hong-kong-travellers-rocket-launches?utm_source=rss_feed
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[2026-06-11 19:30 UTC+10:00] [Baikonur Cosmodrome] [Factuality: 100]
Source: South China Morning Post
Title: From Almaty to orbit: Kazakhstan woos Hong Kong travellers with rocket launches
Snippet: Six Kazakhstan-based firms have booths under the theme “Visit Almaty” at 40th International Travel Expo in the city
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356765/almaty-orbit-kazakhstan-woos-hong-kong-travellers-rocket-launches
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[2026-06-11 19:25 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s central bank head says country a haven for asset diversification in volatile world
Snippet: Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working
Read full article: https://www.scmp.com/economy/china-economy/article/3356764/chinas-central-bank-head-says-country-haven-asset-diversification-volatile-world?utm_source=rss_feed
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[2026-06-11 19:25 UTC+10:00] [Lujiazui Forum] [Factuality: 100]
Source: South China Morning Post
Title: China’s central bank head says country a haven for asset diversification in volatile world
Snippet: Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working
Read full article: https://www.scmp.com/economy/china-economy/article/3356764/chinas-central-bank-head-says-country-haven-asset-diversification-volatile-world
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[2026-06-11 18:37 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Abu Dhabi's Kezad launches centre to help SMEs expand | The National
Snippet: Khalifa Economic Zones Abu Dhabi, known as Kezad, will develop a new SME centre to help smaller businesses expand their operations in the emirate.
Read full article: https://www.thenationalnews.com/business/economy/2026/06/11/abu-dhabis-kezad-launches-centre-to-help-smes-expand/
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[2026-06-11 18:23 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Manus on Markets: Trump's secret mission - US and Iran on edge as Hormuz dispute escalates | The National
Snippet: From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Read full article: https://www.thenationalnews.com/business/markets/2026/06/11/manus-on-markets-trumps-secret-mission-us-and-iran-on-edge-as-hormuz-dispute-escalates/
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[2026-06-11 17:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem
Snippet: Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up
Read full article: https://www.scmp.com/economy/china-economy/article/3355519/europes-bet-chinese-ev-joint-ventures-may-be-solving-yesterdays-problem?utm_source=rss_feed
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[2026-06-11 17:00 UTC+10:00] [Shanghai] [Factuality: 100]
Source: South China Morning Post
Title: Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem
Snippet: Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up
Read full article: https://www.scmp.com/economy/china-economy/article/3355519/europes-bet-chinese-ev-joint-ventures-may-be-solving-yesterdays-problem
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[2026-06-11 16:44 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong firms sign 6 deals to support Kazakhstan’s new hi-tech, economic hub
Snippet: ‘We are well positioned to help Kazakhstan fund high-potential infrastructure and innovation projects. We speak the language of global finance,’ John Lee says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356722/hong-kong-firms-sign-6-deals-support-kazakhstans-new-hi-tech-economic-hub?utm_source=rss_feed
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[2026-06-11 16:44 UTC+10:00] [Alatau city] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong firms sign 6 deals to support Kazakhstan’s new hi-tech, economic hub
Snippet: ‘We are well positioned to help Kazakhstan fund high-potential infrastructure and innovation projects. We speak the language of global finance,’ John Lee says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356722/hong-kong-firms-sign-6-deals-support-kazakhstans-new-hi-tech-economic-hub
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[2026-06-11 16:34 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Indonesia's shrinkflation belies government's 'strong' fundamentals claim
Snippet: Indonesian students burn mock banknotes during a protest in Semarang, Central Java, on June 5 in a protest against the weakening of the rupiah, which repeatedly hit new record lows against the dollar in recent weeks. © Getty Images
Read full article: https://asia.nikkei.com/economy/indonesia-s-shrinkflation-belies-government-s-strong-fundamentals-claim
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[2026-06-11 16:28 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Chinese firefighting equipment makers target untapped EU market
Snippet: Shaoxing-based Xingli Safe Way Fire wants to market its extinguishers, including one specifically for fires caused by lithium batteries, in Germany and the EU. (Photo by Jens Kastner)
Read full article: https://asia.nikkei.com/economy/trade/chinese-firefighting-equipment-makers-target-untapped-eu-market
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[2026-06-11 15:33 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s personal income tax compliance crackdown contributes to 12% rise in revenue
Snippet: State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
Read full article: https://www.scmp.com/economy/china-economy/article/3356710/chinas-personal-income-tax-compliance-crackdown-contributes-12-rise-revenue?utm_source=rss_feed
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[2026-06-11 15:33 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: China’s personal income tax compliance crackdown contributes to 12% rise in revenue
Snippet: State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
Read full article: https://www.scmp.com/economy/china-economy/article/3356710/chinas-personal-income-tax-compliance-crackdown-contributes-12-rise-revenue
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[2026-06-11 15:20 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: 6 arrested as Hong Kong customs seizes HK$156 million in fake World Cup goods
Snippet: About 230,000 counterfeit items seized in ‘Clean Sheet’ operation, most bound for overseas markets
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3356706/6-arrested-hong-kong-customs-seizes-hk156-million-fake-world-cup-goods?utm_source=rss_feed
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[2026-06-11 15:20 UTC+10:00] [Wayne Chung Tsz-wai] [Factuality: 100]
Source: South China Morning Post
Title: 6 arrested as Hong Kong customs seizes HK$156 million in fake World Cup goods
Snippet: About 230,000 counterfeit items seized in ‘Clean Sheet’ operation, most bound for overseas markets
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3356706/6-arrested-hong-kong-customs-seizes-hk156-million-fake-world-cup-goods
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[2026-06-11 14:55 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s pivot to emerging sectors secures its spot as top choice for tech firms: HKEX
Snippet: Transaction volumes of tech shares in Hong Kong have surged sevenfold within 10 years, says Bonnie Chan at HKEX summit in Shenzhen
Read full article: https://www.scmp.com/business/markets/article/3356704/hong-kongs-pivot-emerging-sectors-secures-its-spot-top-choice-tech-firms-hkex?utm_source=rss_feed
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[2026-06-11 14:55 UTC+10:00] [Deepexi Technology] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s pivot to emerging sectors secures its spot as top choice for tech firms: HKEX
Snippet: Transaction volumes of tech shares in Hong Kong have surged sevenfold within 10 years, says Bonnie Chan at HKEX summit in Shenzhen
Read full article: https://www.scmp.com/business/markets/article/3356704/hong-kongs-pivot-emerging-sectors-secures-its-spot-top-choice-tech-firms-hkex
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[2026-06-11 14:27 UTC+10:00] [Energy] [Factuality: 100]
Source: Guardian Australia
Title: Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom
Snippet: Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave
Read full article: https://www.theguardian.com/australia-news/2026/jun/11/datacentre-ai-growth-economy-resources-australia-labor-government
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[2026-06-11 14:27 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: The $2.5 trillion space invasion coming to Wall Street
Snippet: Wall Street is about to have the biggest float in its history: Elon Musk’s SpaceX. Here’s what you need to know.
Read full article: https://www.theage.com.au/business/markets/the-2-5-trillion-space-invasion-coming-to-wall-street-20260611-p605uc.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 14:25 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: 2nd South Korean-operated vessel exits Strait of Hormuz amid escalating tensions
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10769581
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[2026-06-11 13:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Putin Powerfully Rebuffed The Hawks Who Want Him To Attack NATO
Snippet: Authored by Andrew Korybko,
Read full article: https://www.zerohedge.com/markets/putin-powerfully-rebuffed-hawks-who-want-him-attack-nato
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[2026-06-11 13:03 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers
Snippet: Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark Schilsky wrote that "most of my high level investor discussions focus on one major topic: when will the party end? Put another way, tech investors have made so much money in Semis so quickly that they are looking for potential warning signs that the music is about to stop.
Read full article: https://www.zerohedge.com/markets/ai-price-wars-begin-openai-considers-drastic-price-cuts-pursuit-anthropic-customers
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[2026-06-11 12:03 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: ‘I love the inflation,’ Trump says. Americans beg to differ
Snippet: June 11, 2026 — 12:03pm
Read full article: https://www.theage.com.au/business/the-economy/i-love-the-inflation-trump-says-americans-beg-to-differ-20260611-p605r5.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 11:56 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares edge lower after Wall Street's latest AI sell-off
Snippet: A screen shows foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Thursday, June 11, 2026. (AP Photo/Lee Jin-man)
Read full article: https://apnews.com/article/stocks-markets-ai-iran-oil-rates-87c831451197beedb3e29771de1e0a92
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[2026-06-11 11:31 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls
Snippet: One month ago, Japanese tech giant SoftBank Group, was forced to downsize plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors. Today, it couldn't even get that done after talks with potential creditors to raise the downsized $6 billion stalled amid rising concerns about the collateral value, Bloomberg reported citing people familiar with the matter.
Read full article: https://www.zerohedge.com/markets/softbank-attempt-get-downsized-6-billion-openai-margin-loan-stalls
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[2026-06-11 11:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
Snippet: For several quarters, we have described the Trump administration's massive push to reshape the military-industrial complex, from DOGE-driven efforts inside the Department of War to reset the procurement process, to a broader pivot toward fast-moving "war unicorns," like Anduril, rather than bloated legacy defense primes.
Read full article: https://www.zerohedge.com/markets/jpm-says-us-defense-base-faces-evolve-or-die-moment-warfare-forever-changes
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[2026-06-11 10:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: California Gets 80% Of All Federal Cash For Illegal Immigrant Families: Report
Snippet: Authored by Jill McLaughlin via The Epoch Times,
Read full article: https://www.zerohedge.com/markets/california-gets-80-all-federal-cash-illegal-immigrant-families-report
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[2026-06-11 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Kazakhstan bank turns to Hong Kong as gateway to offshore renminbi finance
Snippet: Chinese-backed Altyn Bank says Kazakh investors are turning to Hong Kong dim sum bonds to raise long-term capital for regional infrastructure
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356675/kazakhstan-bank-turns-hong-kong-gateway-offshore-renminbi-finance?utm_source=rss_feed
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[2026-06-11 10:30 UTC+10:00] [China Citic Bank] [Factuality: 100]
Source: South China Morning Post
Title: Kazakhstan bank turns to Hong Kong as gateway to offshore renminbi finance
Snippet: Chinese-backed Altyn Bank says Kazakh investors are turning to Hong Kong dim sum bonds to raise long-term capital for regional infrastructure
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356675/kazakhstan-bank-turns-hong-kong-gateway-offshore-renminbi-finance
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[2026-06-11 10:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Guizhou and tea: a matcha made in heaven
Snippet: In misty, high-altitude Guizhou, record-breaking tea plantations and a booming matcha industry are fuelling a green-tea revolution, captivating tourists and global markets alike
Read full article: https://www.scmp.com/postmag/food-drink/article/3356373/guizhou-and-tea-matcha-made-heaven?utm_source=rss_feed
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[2026-06-11 10:00 UTC+10:00] [Matcha] [Factuality: 100]
Source: South China Morning Post
Title: Guizhou and tea: a matcha made in heaven
Snippet: In misty, high-altitude Guizhou, record-breaking tea plantations and a booming matcha industry are fuelling a green-tea revolution, captivating tourists and global markets alike
Read full article: https://www.scmp.com/postmag/food-drink/article/3356373/guizhou-and-tea-matcha-made-heaven
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[2026-06-11 09:56 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Snippet: A raft of companies has been shifting operations to Malaysia from Singapore in recent months, illustrating a broader trend of global mobility that has firms seeking jurisdictions with lower costs, tax incentives and access to larger markets.
Read full article: https://www.cnbc.com/2026/06/11/global-mobility-firms-move-operations-from-singapore-to-malaysia.html
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[2026-06-11 09:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts
Snippet: Korean retail investors’ aggressive leveraged bets on the market’s two dominant AI/Semi names - Samsung Electronics and SK Hynix - are now colliding with a sharp KOSPI correction, triggering the largest wave of forced stock sales in years and raising the specter of a self-reinforcing liquidation spiral.
Read full article: https://www.zerohedge.com/markets/fomo-oh-no-koreans-face-massive-forced-liquidations-ai-bubble-bursts
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[2026-06-11 08:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Goldman Flags Tightening Power Grid In Texas Amid Rapid Data Center Growth
Snippet: Goldman shared some of their thoughts on the tightening of power markets as the decade comes to a close. ERCOT’s own Preliminary Long-Term Load Forecast now sees baseline peak-summer demand (excluding most medium and large loads) growing at a 5.2% average annual rate from 2026 through 2030. This is already well above the 3.4% realized average of 2022-2025.
Read full article: https://www.zerohedge.com/energy/goldman-flags-tightening-power-grid-texas-amid-rapid-data-center-growth
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[2026-06-11 08:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: As de-dollarisation trends persist, can the yuan take the euro’s place?
Snippet: The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements
Read full article: https://www.scmp.com/economy/global-economy/article/3356641/de-dollarisation-trends-persist-can-yuan-take-euros-place
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