With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar ... Read More
Following a post-implementation review of its crowdfunding rules, the Financial Conduct Authority (FCA) is opening a consultation on new rules for loan-based crowdfunding platforms. The changes the FCA is ... Read More
KitKat’s makers have suffered a major setback in its 16-year quest to dominate the market for four-fingered chocolate bars. Nestlé applied to trademark the distinctive trapezoid shape of KitKats ... Read More
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the ... Read More
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. ... Read More
French Finance Minister Bruno Le Maire said on Thursday he wanted to get other EU countries to sign up to a Franco-German proposal to harmonise corporate tax rules by ... Read More
In order to regain its steadily declining user base, Tianya Club, one of the oldest social networking platform has resorted to cryptocurrency by launching its own token called Tianyan ... Read More
The EU and Japan have signed an Economic Partnership Agreement (EPA) that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to ... Read More
At its meeting on July 26, 2018, the Governing Council of the European Central Bank decided that the interest rate on the main refinancing operations and the interest rates on ... Read More
The DXY dollar basket dropped to 94.08, down from a high of 95.65 last week. The dollar is under pressure from a range of negative drivers. Friday’s GDP print ... Read More
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