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China Adopts IMF Accounting Practice in Reserve-Currency Push

12/05/2015(0)
China adopted the International Monetary Fund’s standards for its latest balance of payments data as the nation seeks to obtain reserve-currency status for the yuan. The changes, effective this ... Read More
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Banks Expected to Settle FX Probes for Billions

07/05/2015(0)
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in ... Read More
yuan_market

Yuan gains credibility as reserve currency

07/05/2015(0)
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High ... Read More
stocks img

China Stocks Drop While Aussie Gains After RBA; Commodities Fall

05/05/2015(0)
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further ... Read More
greece-europe-flags

Greek Nerves Turning Asian Money Off Europe, ADB Economist Says

04/05/2015(0)
Asian companies are thinking twice about their dealings with European partners as jitters persist over whether Greece will splinter the euro area, the Asian Development Bank’s chief economist said. “The private ... Read More
Swiss National Bank

Interim results of the Swiss National Bank as at 31 March 2015

30/04/2015(0)
The Swiss National Bank (SNB) reports a loss of CHF 30.0 billion for the first quarter of 2015. The loss on foreign currency positions amounted to CHF 29.3 billion. ... Read More
bitcoin

Independent Reserve launches first Australian multi-currency bitcoin exchange

28/04/2015(0)
Independent Reserve, the Bitcoin market, announced today that it had become the first Australian exchange to offer Bitcoin trading directly in both U.S. and Australian dollars. CEO Adrian Przelozny ... Read More
WallStreetSign

Asia stocks gain after Fed official signals slow rate rises

07/04/2015(0)
Asian stocks rose Tuesday after Wall Street gained on a jump in crude prices and expectations the Federal Reserve will put off an interest rate hike until late in ... Read More
Citibank logo is seen at the facade of a Citibank building in New York

Citibank Seen as Target for Plea in U.S. Currency Case

03/04/2015(0)
The U.S. Department of Justice is pressing for Citigroup Inc.’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two ... Read More
dollar-1

Dollar Watchers Look to IMF

30/03/2015(0)
Data on central banks’ holdings of greenbacks are expected to fuel the rally A roaring dollar rally could get a boost this coming week with the release of data ... Read More
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