Putin says China, Russia to settle more trade in yuan

(Reuters) - Russia and China intend to increase the amount of trade settled in the yuan, President Vladimir Putin said on Monday in remarks that would be welcomed by Chinese authorities who want the currency to be used more widely around the world.

Citic Hedge Fund Will Focus on Yuan, Other Emerging Currencies

Former FX Concepts LLC executives Robert Savage and Ron DiRusso are starting a hedge fund with Citic Capital Holdings Ltd. that will trade emerging-market currencies with a specific focus on the Chinese yuan.

'China fund' turns to Japan amid Europe fears

Europe's financial turmoil has seen the Chinese government quietly pour tens of billions of dollars into Japan's stock market, analysts say, despite the neighbours' lingering historical animosity.