Bloomberg With a trade deal nearly signed and China’s economy on steadier footing, the path for China’s yuan to strengthen is now wide open. The currency rose to a five-month high on Monday, punching past 6.9 per dollar for the first time since August. It also strengthened for a fourth session versus a basket of trading partners’ currencies. The move ...

Bloomberg Goldman Sachs Group Inc plans to double its headcount in China over the next five years, provided the Communist Party-ruled nation continues down the path of opening up its financial markets. The ambition to raise staffing to 600 is part of a five-year plan drawn up by executives at the New York-based investment bank, said a person familiar with ...

Bloomberg One assessment of the Hong Kong dollar’s dramatic turnaround in recent months is that it’s a sign of things to come. The moves reveal structural tightness in the city’s liquidity conditions, according to Morgan Stanley. Hong Kong banks have far less idle cash on hand, after the amount of funds on loan soared to the highest since 2002 relative ...