Browsing Category
News
China central bank upgrades currency swap with HKMA, expands size to 800 billion yuan
BEIJING (Reuters) - China's central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap…
Analysis-Japan widens FX watch to include risk of yen spike as U.S. recession fears mount
By Tetsushi Kajimoto and Leika KiharaTOKYO (Reuters) - Japanese policymakers worried about the yen sliding lower are increasingly also…
Basel revises bank crypto capital plan to include blockchain
By Huw Jones
Basel revises bank crypto capital plan to include blockchain
LONDON (Reuters) - Banks should take a conservative approach to…
Euro gains traction ahead of inflation data, dollar steadies
By Tom WestbrookSINGAPORE (Reuters) - The euro won support on Tuesday as traders braced for European inflation figures to run hot this…
BMW starts production at new $2.2 billion China plant to ramp up EV output
SHANGHAI (Reuters) - Germany's BMW said on Thursday that production has formally begun at a new plant in China with an investment of 15…
Oil slumps by more than $5 as Biden expected to cut U.S. fuel cost
By Shadia Nasralla(Reuters) - Oil prices tumbled by more than $6 a barrel on Wednesday amid a push by U.S. President Joe Biden to cut…
Australia’s central bank flags more hikes as rates still ‘very low’
SYDNEY (Reuters) - Australia's top central banker on Tuesday flagged a lot more policy tightening ahead as rates were still "very low" and…
Crypto industry fears contagion as bitcoin slips under $20,000
By Alun John and Elizabeth HowcroftLONDON/HONG KONG (Reuters) - The cryptocurrency industry was on edge on Monday as bitcoin struggled…
Asian shares up after Fed lifts rates to tame inflation
By Andrew GalbraithSHANGHAI (Reuters) - Asian stocks rose on Thursday, while longer-dated U.S. government bond yields fell and the…
Bitcoin tumbles as crypto sell-off accelerates
By Tom WilsonLONDON (Reuters) - Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a…
