China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure ... Read More
Korean won weakest major currency, followed by pound and yen Crude oil price down for first time in four sessions The offshore yuan had its biggest two-day fall since ... Read More
Bitcoin is getting smashed. The cryptocurrency was down 18% to about $892 per coin as of 8:17 a.m. ET on Thursday. It is the biggest drop in two years. ... Read More
Price per coin at $875 as cryptocurrency’s value doubles in a year, with experts linking it to depreciation of Chinese yuan The total value of all bitcoins in circulation ... Read More
KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) ... Read More
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring ... Read More
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds ... Read More
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days ... Read More
Chinese investors are buying bitcoin as the yuan continues to fall since bitcoin allows them to store funds outside of China, according to The Wall Street Journal. The activity has renewed ... Read More
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, ... Read More
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