A SWIFT-style network for bank-issued and regulated digital currencies was unleashed by a company with a tenure building China’s national blockchain project. A Hong Kong-based blockchain firm has launched a ...
Federal Reserve policymakers on Wednesday indicated they will proceed with more interest rate rises, with several backing a top policy rate of at least 5% even as economic activity is ...
The Swiss National Bank reported an annual loss of 132 billion Swiss francs ($143 billion) last year, it said on Monday, the greatest in its 115-year history as falling stock ...
Mexico’s central bank is currently working on legal, administrative, and technological requirements for the peso’s digital version launch. Over a year after it was introduced, Mexico’s proposed central bank digital ...
Just over half of the 50 U.S. states are showing signs of slowing economic activity, breaching a key threshold that often signals a looming recession, the latest research from the ...
The Bank of England lifted its key interest rate to 3.5% from 3% on Thursday, its ninth successive rate hike as it attempts to accelerate inflation's return to target after ...
Chinese authorities are set to impose a penalty of more than $1 billion on Jack Ma's Ant Group, said six sources with first-hand knowledge of the matter, laying the groundwork ...
Hong Kong's de-facto central bank purchased HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from dropping below its peg to the ...
The economic activity in Russia slowed considerably at the end of September, according to Bank of Russia Deputy Governor Alexei Zabotkin. He was speaking to legislators on October 11. However, ...
Summary Central banks compelled to follow Fed or face backlash UK, Japan, emerging countries step in to stop rout Prospects of coordination are low Investors hope for 'Fed pivot' The ...
