GenevaLunch » renminbi http://genevalunch.com Community Newspaper Online Fri, 10 Feb 2012 13:57:07 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg GenevaLunch http://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no Renminbi’s new home in London given major boost http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/ http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/#comments Mon, 16 Jan 2012 09:30:20 +0000 Ellen Wallace http://genevalunch.com/?p=65281 GenevaLunch.com GENEVA, SWITZERLAND – China’s currency, the renminbi, moves significantly closer to being traded internationally with a new agreement between the Hong Kong Monetary Authority and the British Treasury, announced Monday. China and Britain agreed in September 2011 to extend trading in the currency, also called the yuan, by developing London as a trading hub. The [...]

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]]> http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/feed/ 0 China announces further easing of currency controls http://genevalunch.com/blog/2011/01/14/china-announces-further-easing-of-currency-controls/ http://genevalunch.com/blog/2011/01/14/china-announces-further-easing-of-currency-controls/#comments Fri, 14 Jan 2011 11:44:54 +0000 Ellen Wallace http://genevalunch.com/?p=52413 GenevaLunch.com Li Dongrong, assistant governor of the People’s Bank of China, is reported by the Xinhua state news agency to have said at a forum Friday 14 January that the “central bank will work to expand trials of cross-border yuan settlement, to facilitate trade and investment. The central bank will promote the policy of allowing exporters [...]

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]]> http://genevalunch.com/blog/2011/01/14/china-announces-further-easing-of-currency-controls/feed/ 1 China allows yuan trading in USA http://genevalunch.com/blog/2011/01/12/china-allows-yuan-trading-in-usa/ http://genevalunch.com/blog/2011/01/12/china-allows-yuan-trading-in-usa/#comments Wed, 12 Jan 2011 09:42:59 +0000 Sean Ecker http://genevalunch.com/?p=52251 GenevaLunch.com The Bank of China, one of four state-owned banks, has allowed limited trading in renminbi, China’s currency, in its New York and Los Angeles branches since the end of 2010. Trading in the yuan, as one unit of the currency is called, has only been possible in Hong Kong and will be limited to $3,000 [...]

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]]> http://genevalunch.com/blog/2011/01/12/china-allows-yuan-trading-in-usa/feed/ 0 US sales of new houses lowest on record, stocks slump http://genevalunch.com/blog/2010/06/23/us-sales-of-new-houses-lowest-on-record-stocks-slump/ http://genevalunch.com/blog/2010/06/23/us-sales-of-new-houses-lowest-on-record-stocks-slump/#comments Wed, 23 Jun 2010 15:35:57 +0000 Ellen Wallace http://genevalunch.com/?p=43975 GenevaLunch.com World stock markets slumped Wednesday 23 June, after the initial boost they received from China’s announcement over the weekend that the renminbi exchange rate would become more flexible. Share prices fell  on news from the US that sales of new homes were the lowest on record for one month in May 2010. Records used today [...]

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]]> http://genevalunch.com/blog/2010/06/23/us-sales-of-new-houses-lowest-on-record-stocks-slump/feed/ 0 US, Chinese leaders’ differ over responses to economic crisis http://genevalunch.com/blog/2009/11/16/us-chinese-leaders-differ-over-responses-to-economic-crisis/ http://genevalunch.com/blog/2009/11/16/us-chinese-leaders-differ-over-responses-to-economic-crisis/#comments Mon, 16 Nov 2009 11:29:00 +0000 Sean Ecker http://genevalunch.com/?p=31667 GenevaLunch.com US President Barack Obama has arrived in Beijing, China after visiting Shanghai where he met with students and called for greater Internet freedom for the Chinese. Obama said in a town-hall style meeting with students that he believes the free flow of information strengthens societies. Obama will try to calm Chinese fears about Washington’s response [...]

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]]> http://genevalunch.com/blog/2009/11/16/us-chinese-leaders-differ-over-responses-to-economic-crisis/feed/ 0 Renminbi forecast from the FT http://genevalunch.com/blog/2008/11/20/renminbi-forecast-from-the-ft/ http://genevalunch.com/blog/2008/11/20/renminbi-forecast-from-the-ft/#comments Thu, 20 Nov 2008 07:58:01 +0000 Ellen Wallace http://genevalunch.com/?p=8125 GenevaLunch.com The Financial Times offers a video forecast with charts for China’s renminbi, with its impact on oil and dollar prices.

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