China Revs Up Support for Offshore Yuan Funding With New Rules

Bloomberg · Feb 27, 2026 · Collected from RSS

Summary

China’s central bank announced a new set of rules to facilitate cross-border yuan funding between local and foreign financial institutions, paving the way to boost the currency’s usage abroad.

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Bloombergabout 2 hours ago
Equinor to Trim Angolan Holdings as Output Grows From Brazil, US
Equinor ASA, Norway’s biggest oil and gas producer, is looking to sell a number of Angolan fields, according to people familiar with the matter.

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German Inflation Eases to 2% as Economic Recovery Starts Slowly
German inflation unexpectedly slowed to the European Central Bank’s target as the economy recovered only slowly at the start of 2026.
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Bloombergabout 3 hours ago
US Premarket Movers: CoreWeave, Dell, Flutter, Kore, NCR Atleos
S&P 500 Index futures are down 0.5% as of 7:39 a.m. in New York, set to notch a monthly loss.
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The US has never seen corporate profits like it has recently. Bloomberg Opinion columnist and economist Kathryn Anne Edwards explains why that's not helping workers. (Source: Bloomberg)

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The group has gained room to maneuver thanks to factors beyond its control.