economy

U.S. dollar and euro banknotes are seen in this picture illustration

Dollar falls from 2-1/2 month high vs yen after weak China trade data

13/10/2016(0)
The dollar pulled back from a 2-1/2 month high against the yen on Thursday after surprisingly weak Chinese trade data stirred fresh concern about the world’s second-largest economy. The ... Read More
yuan-currency

China’s yuan sinks to six-year low, then erases losses

10/10/2016(0)
China’s yuan fell to its lowest level in six years early Monday, breaching a key psychological threshold, before erasing the losses on the first day of trading after a ... Read More
dollar-euro notes

Draghi and Yellen leave EUR/USD in range

29/09/2016(0)
Both Fed Chair Janet Yellen and ECB President Mario Draghi are making public appearances, but they have little to show for regarding EUR/USD movements. Yellen is testifying in Washington, but the topic ... Read More
iran-central-bank

Iran to introduce credit cards for the first time

26/09/2016(0)
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued ... Read More
A guard walks in front of a Federal Reserve image before press conference in Washington

Fed expected to keep rates unchanged, may signal year-end hike

21/09/2016(0)
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a ... Read More
Bank of England

5 Things to Watch at the BOE Meeting

15/09/2016(0)
The Bank of England is expected to keep its benchmark interest rate steady Thursday The Bank of England is expected to keep its benchmark interest rate steady Thursday and ... Read More
UniCredit

Woes at Italy’s Biggest Bank Reverberate in Europe

12/09/2016(0)
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, ... Read More
tourism

Europe’s Tourism Tumbles Amid Terror Attacks, Refugee Crisis

05/09/2016(0)
Terror attacks, refugee resettlement and international instability have shaken up Europe’s tourism market in recent months, as American travelers benefiting from a strong dollar are picking and choosing where ... Read More
Bank of Japan building

BOJ’s Kuroda Says There Is No Limit to Monetary Easing ahead of Bank’s Comprehensive Review

05/09/2016(0)
Bank of Japan (BOJ) Governor Haruhiko Kuroda disagrees that there are “limits” to monetary easing, setting the stage for officials’ comprehensive assessment of the economy later this month. “It is often ... Read More
Genova

Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’

29/08/2016(0)
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is ... Read More
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