#yuan
Latest news and interesting information about yuan.
China's 34th Floor Scam
A Chinese man bought an apartment on the 34th floor, but the building only had 32 floors. The court ordered the company to refund his money.
World's largest ship lock under construction in China
China begins building world's largest ship lock on Yangtze River. Project to double cargo capacity of Three Gorges system.
Beauty wish ruined her life
Story of a Chinese woman's complications after cosmetic eye surgery and the legal battle that followed.
China factory activity slips in May
China factory activity slips in May as PMI drops to 50.0. Exports resilient but yuan pressure persists.
Tesla Faces China Lawsuit Over Full Self-Driving Claims
Tesla faces a consumer lawsuit in China over Full Self-Driving claims. 10 vehicle owners allege misleading advertising and fraud, seeking $583,000 in damages.
Digital Yuan Expands to Lotteries, Spending
China's digital yuan expands from lotteries to fiscal spending. Learn about bank incentives, cross-border applications, and geopolitical goals.
Ex-Shaolin chief jailed for 24 years
Shi Yongxin, former head of Shaolin Monastery, sentenced to 24 years for embezzlement, illegal funds, and bribery.
NIO shares surge after ES9 electric SUV launch
NIO shares jumped up to 10.5% after launching the ES9 electric SUV. The six-seat luxury EV starts at 498,000 yuan.
Shepherd job goes viral in China exposing labor strains
A shepherd job ad went viral in China, attracting over 700 applicants and highlighting labor market strains.
Xiaomi Falls on Rising Memory Costs in Q1
Xiaomi shares fell after Q1 earnings missed estimates due to rising memory chip costs, impacting its smartphone business.
Dollar Flat with US-Iran Talks in Focus; Aussie Falls on Soft CPI
Dollar flat as US-Iran negotiations continue; Australian dollar falls after soft CPI data. Get the latest on forex markets and economic data.
Swiss LEM FY sales drop 6.3% on currency headwinds
LEM Holding sales fall 6.3% amid currency headwinds, but operating profit rises 29.2%. Segment and regional performance details.
Dollar firms after US-Iran strikes shake peace hopes
US-Iran strikes boost dollar as peace deal hopes fade. Asian currencies weaken, oil prices rise.
Dollar Weakens, Asia FX Firms on US-Iran Peace Hopes
Dollar weakens, Asian currencies gain as US-Iran peace hopes boost risk appetite. Stay updated on forex market movements.
China Revises Coal Mine Death Toll to 82
Chinese authorities have revised the death toll from a Shanxi coal mine gas explosion to 82. The disaster is the deadliest mining accident since 2009. Bond.az reports.
China lowers death toll in Shanxi mine disaster to 82
China revises Shanxi mine blast death toll to 82, making it the deadliest mining accident since 2009. President Xi orders investigation.
China Launches Shenzhou-23 Mission
China launches Shenzhou-23 mission with three astronauts to Tiangong space station. One crew member could stay in orbit for a year, setting a national record.
China Mine Blast: 8 Dead, 38 Trapped in Shanxi
A coal mine gas explosion in Shanxi, China, kills 8 and traps 38. Xinhua reports 247 workers underground at Liushenyu mine.
Why Zoom Video Stock Is Surging Today?
Zoom Video stock jumps 12.9% on strong Q1 earnings, raised guidance, and share buyback program. AI growth drives investor optimism.
Why Wingtech stock is falling today
Wingtech Technology stock falls 3.6% due to dispute with Nexperia and delisting risk. Revenue drops 94% in Q1.
Lenovo Q4 revenue beats estimates, shares jump 15%
Lenovo Q4 revenue rose 27% to $21.6B, beating estimates. Shares jumped 15%. AI server orders hit $21B. Read more on Bond.az.
Hengli Faces Chill of US Sanctions
Hengli Group, a Chinese petrochemical giant, faces US sanctions for buying Iranian oil. Beijing defends it, and the company pivots to domestic markets.
Dollar Steadies at 6-Week High
The dollar steadies at a six-week high amid Iran talks and Fed hawkishness. Yen weakens on soft CPI data.
Zoom Video Q1 2027 earnings beat forecasts, stock dips
Zoom Video Communications reported stronger-than-expected Q1 fiscal 2027 results, with EPS of $1.55 and revenue of $1.24 billion. Stock edged lower in after-hours trading.
Robot barbers start cutting hair in China
China launches robot haircut booths with 3D scanning and AI. Haircuts cost only 60 yuan.
NIO SWOT analysis: EV stock profitability path
A comprehensive SWOT analysis of NIO, covering strengths, weaknesses, opportunities, and threats in the electric vehicle market.
Morgan Stanley raises ZTO target to $30.10
Morgan Stanley raises ZTO Express price target to $30.10 from $28.50, maintains Overweight rating, citing profit growth outlook.
Alibaba unveils new AI chip Zhenwu M890
Alibaba unveils new AI chip Zhenwu M890, three times more powerful than predecessor, as part of China's push for domestic alternatives.
Asian FX dithers as rate hike fears persist
Asian currencies dither amid rate hike fears and Iran war uncertainty; dollar near six-week high. Indian rupee hits record low, yen firms on BOJ rate hike views.
Indonesia sells dollar, euro bonds amid pressures
Indonesia sells dollar and euro bonds to address economic pressures from the Iran conflict and currency weakness.
...