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The onshore Chinese yuan rose above 6.97 against the US dollar.
16/01/2026
The onshore Chinese yuan rose above 6.97 against the US dollar, up 0.1133% in the day, now trading at 6.9660.
Latest
6 m ago
Goldman Sachs Group and Morgan Stanley's financial reports show that both companies' stock trading departments achieved record-high revenues last year. The suspense now lies in whether the industry has reached its peak. Data shows that Bank of America made a staggering amount of money in the stock market. Just Goldman Sachs alone reached $16.5 billion in revenue from its stock business, an increase of $3 billion from 2024. This number is slightly lower than the total stock business revenue of the top four European banks in 2024 ($17.1 billion). Last year, Morgan Stanley's stock business grew by 28% to reach $15.6 billion, also setting a record. JPMorgan Chase reported the strongest revenue growth, up 29% from 2024, while Bank of America and Citigroup also achieved steady growth.
6 m ago
LME metal futures closing prices mixed.
8 m ago
On Thursday, the South Korean won fell by 0.27% against the US dollar, closing at 1468.62 won. At 12:57 Beijing time, the won fell to 1473.39, indicating that more than half of the gains from the verbal intervention by US Treasury Secretary Janet Yellen on January 14 have been reversed.
12 m ago
Short and medium-term UK bond yields rebounded more than 4 basis points, moving away from the lowest level in the past 13 months.
22 m ago
OpenAI: The company has participated in the seed round funding of the brain-computer interface startup Merge Labs.
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