US President Donald Trump delivered a speech in Davos, highlighting his achievements in the past years.
Fullerton Markets today announced the launch of its refreshed homepage which now boasts improved flexibility and mobility.
The final quarter of last year witnessed China’s economy hitting a 6% growth rate, a slowdown mainly driven by the US-China trade tensions.
The US-China trade deal highlights the principle of transparency and forbids competitive currency devaluation.
There has been minimal intervention from China's central bank this year, as market forces are allowed to push up the yuan's exchange rate ahead of the anticipated signing of the phase one trade agreement with the US next week.
China's central bank had announced at the start of the year that effective January 6, the reserve requirement ratios of all Chinese commercial banks will be cut by half a percentage point, releasing 115 billion U.S. dollars to the market.
Chinese yuan notches record high, beating Swiss francs, Australian dollars and Canadian dollars in global forex reserves.
Fullerton Markets announced the return of a bigger and more exciting Fullerton Leaders Summit (FLS) in 2020, to take place in Ho Chi Minh City, Vietnam for the first time. The company’s flagship event – a summit focused on entrepreneurship, leadership and business – comes on the back of two successful editions that collectively, hosted over 400 international participants.
China’s efforts to improve economic productivity through various economic and financial reforms are paying off as the country’s GDP per capita grossed over USD10,000.
It only took hours before the New Year for the People’s Bank of China to deliver the first rate cut of 2020.