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China-UK-trade-deal

China and UK establish direct currency trades

19/06/2014(0)
China and the UK have started the direct trading of the yuan against the pound, in a move that will help reduce currency conversion costs. Both sides are hopeful ... Read More
European Central Bank

IMF calls on ECB to consider quantitative easing

19/06/2014(0)
The International Monetary Fund is expected to sound the alarm on Thursday over the risk of deflation within the eurozone and to urge the European Central Bank to consider ... Read More
US-Central-Bank

US central bank cuts growth forecast for 2014

19/06/2014(0)
The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather. The central bank is now predicting growth of between 2.1% and 2.3% ... Read More
china-yuan-pound-trading

Yuan to Start Direct Trading With Pound from tomorrow

18/06/2014(0)
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global ... Read More
bitcoin

Bankruptcy protection for bitcoin exchange Mt Gox

18/06/2014(0)
The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement ... Read More
BP logo

China signs £14bn trade deals with UK amid Premier’s visit

18/06/2014(0)
China says it wants to back major UK infrastructure projects and has signed £14bn in trade deals. The news comes on the first full day of a visit by ... Read More
oil-company-iraq

Brent holds above $113 amid Iraq violence

18/06/2014(0)
Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country’s biggest refinery and led to the withdrawal of staff by foreign oil ... Read More
bitcoin-coins

Bitcoin faces biggest threat yet

17/06/2014(0)
The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of ... Read More
alibaba3

Alibaba gives more business details ahead of IPO

16/06/2014(0)
Alibaba is pulling back the curtain a little bit more, providing more information about its partnership structure and financials ahead of its planned initial public offering. China’s biggest e-commerce ... Read More
Greenpeace protest

Greenpeace loses £3m in currency speculation

16/06/2014(0)
Environmental group apologises for record losses last year after employee lost campaign funds on international currency markets. Greenpeace International last year lost €3.8m (£3m) of donations through speculation on ... Read More
Broker Cyprus TopFX