Greek Prime Minister Alexis Tsipras will be told the details of a final proposal from creditors to break a stalemate over a financial lifeline as his country runs out ... Read More
China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ ... Read More
Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important for currency rates to reflect economic fundamentals, and reiterated that central bank policy is aimed at fostering price stability ... Read More
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate ... Read More
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing ... Read More
Greek Prime Minister Alexis Tsipras said Wednesday that a deal with creditors was “close” and government officials said an agreement was being drafted but representatives of the country’s creditors ... Read More
Greece is committed to liberalizing its economy, reforming its pension system and running a reasonable primary budget surplus, Finance Minister Yanis Varoufakis wrote on Tuesday. But it cannot meet ... Read More
The Bank of Israel has left the rate unchanged at an historic low of 0.1% for the third consecutive month. The Bank of Israel Monetary Committee headed by Governor Dr. Karnit ... Read More
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister ... Read More
Finance ministers and central bankers from the Group of Seven industrialized nations will discuss recent foreign exchange movements when they meet in Germany this week, a senior Canadian official ... Read More
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