Prime Minister Takaichi welcomes memorandum as a key step toward de‑escalation Takaichi welcomed a memorandum as a step toward de-escalation, urging prompt implementation to secure Strait of Hormuz navigation and …
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SWIFT
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Business
China’s SWIFT alternative drives surge in yuan payments for Russia and Iran
by Sato Asahiby Sato AsahiYuan payments surge as China’s CIPS expands, reshaping oil and sanctions-era trade Yuan payments are rising rapidly as China’s Cross-Border Interbank Payment System (CIPS) expands, enabling Iran, Russia and other …