Tag: biz

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Forex swings will upend lucrative yen carry trade

Forex swings will upend lucrative yen carry trade

A visitor washes Japanese yen banknotes and coins in water to pray for prosperity at Koami shrine in Tokyo's Nihonbashi business district, Japan, Nove [...]
Exclusive: China to name finance veteran Zhu as new forex chief, sources say

Exclusive: China to name finance veteran Zhu as new forex chief, sources say

The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
CN SAFE Plans to Kick off Reform on FX Biz of Banks AASTOCKS Financial News

CN SAFE Plans to Kick off Reform on FX Biz of Banks AASTOCKS Financial News

You expressly agree that the use of this app/website is at your sole risk. AASTOCKS.com Limited, HKEx Information Services Limited, China Investment [...]
Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire L [...]
Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans

Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans

A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland Apri [...]
China central bank, FX regulator meet foreign firms in capital drive

China central bank, FX regulator meet foreign firms in capital drive

The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more

Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more

Stick em' up! Bank robbery drills in the MetaverseThe Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new e [...]
China foreign-exchange regulator Pan Gongsheng named central-bank party boss

China foreign-exchange regulator Pan Gongsheng named central-bank party boss

July 1 (Reuters) - China's ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank's party secretary on Saturday, a mo [...]
EU top court backs consumers in Polish FX mortgage case

EU top court backs consumers in Polish FX mortgage case

WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-runnin [...]
Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says

Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says

Part of more detailed Bridgetown Initiative documentSent to world leaders ahead of June summit in ParisWould help de-risk investments in local currenc [...]
Caterpillar profit slides as costs and forex squeeze margins, shares down

Caterpillar profit slides as costs and forex squeeze margins, shares down

Jan 31 (Reuters) - Caterpillar Inc's (CAT.N) fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs a [...]
Crypto Biz: NYDIG stacks sats, Elon buys Twitter

Crypto Biz: NYDIG stacks sats, Elon buys Twitter

Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally movin [...]
Crypto Biz: Gucci ‘apes’ into crypto

Crypto Biz: Gucci ‘apes’ into crypto

What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 g [...]
Crypto Biz: Elon Musk: The ultimate crypto tourist

Crypto Biz: Elon Musk: The ultimate crypto tourist

Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. [...]
Crypto Biz: Have you considered a career in crypto? March 11-17

Crypto Biz: Have you considered a career in crypto? March 11-17

Companies like Visa and Nomura Holdings have set up dedicated crypto departments as they continue to embrace [...]
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