International Monetary Fund freezes SDR currency basket, deferring any yuan move
August 20, 2015
Permalink
Business

International Monetary Fund freezes SDR currency basket, deferring any yuan move

The fund’s executive board approved an extension of the current basket of reserve currencies included…

Continue Reading →

China throws the Fed a curve ball
August 19, 2015
Permalink
Business

China throws the Fed a curve ball

‘Most judged that the conditions for policy firming had not yet been achieved, but they…

Continue Reading →

Advertisement

Greece To Trouble Euro Zone For Decades
August 19, 2015
Permalink
World

Greece To Trouble Euro Zone For Decades

“Under the terms of this agreement, which the ESM Board of Directors also approved on…

Continue Reading →

German parliament ratifies Greek bailout
August 19, 2015
Permalink
Politics

German parliament ratifies Greek bailout

The German parliament voted by an overwhelming majority Wednesday to back a third bailout for…

Continue Reading →

US rate rise conditions ‘approaching’, Fed minutes show
August 19, 2015
Permalink
Business

US rate rise conditions ‘approaching’, Fed minutes show

We’ll know more about the Fed’s thinking Wednesday afternoon when the Fed minutes publish at…

Continue Reading →

Advertisement

Wal-Mart misses 2Q profit forecasts
August 19, 2015
Permalink
Business

Wal-Mart misses 2Q profit forecasts

Shares slipped 47 cents to $71.91 in pre-market trading. Earnings were however within management’s guidance…

Continue Reading →

Yuan Halts Three Day Slide
August 19, 2015
Permalink
Business

Yuan Halts Three Day Slide

The PBOC also said on Thursday that it would monitor “abnormal” cross-border flows after the…

Continue Reading →

German Bundestag set to vote on Greek bailout today
August 19, 2015
Permalink
World

German Bundestag set to vote on Greek bailout today

The Christian Democrats’ general secretary, Peter Tauber, warned this week that a vote against the…

Continue Reading →

China’s yuan stabilizes after three-day-slide
August 19, 2015
Permalink
Business

China’s yuan stabilizes after three-day-slide

Letting the market steer the yuan is the kind of move that should please critics…

Continue Reading →

Shanghai index leads markets lower as China worries remain
August 19, 2015
Permalink
World

Shanghai index leads markets lower as China worries remain

Shares of importers and firms with high U.S. dollar-denominated debt have been under pressure following…

Continue Reading →