China Central Television (CCTV) – A major Japanese crypto-currency exchange has lost 58 billion yen (about 528 million U.S. dollars) in digital assets after a hacking attack, making it the world’s biggest ever digital currency theft. Continue reading
U.S. venture capital firms are lining up for a piece of the digital currency market but some of the hot tech startups don’t need their money. Chris Dignam reports. Continue reading
President Donald Trump says his administration will not label China a currency manipulator, backing away from a key campaign promise. Ryan Brooks reports. Continue reading
The U.S. dollar has been at 14-year peaks on an abundance of upbeat global economic data and signs of quickening inflation, and a new Reuters polls shows most analysts expect the rally to continue through 2017. David Pollard reports on the winners and the losers of the greenback’s surge. Continue reading
Britain is $1.5 trillion poorer in dollar terms due to the fall in the pound since the vote to leave the European Union, according to a new study on global wealth. But Credit Suisse also predicts that around 945 billionaires will be minted around the world in the next five years.
International Monetary Fund chief Christine Lagarde announces the Chinese Yuan will be added to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen.
(AL-HAYAT MEDIA CENTRE OF IS) – Like most Islamic State videos, it’s a slick production… this time announcing the creation of a new currency.
Amid volatility in global financial markets, White House presses China to increase financial transparency and to move toward market-determined exchange rate system.
The Zimbabwean dollar is demonetised as the country switches fully to using the U.S. dollar as its currency.
Greek Finance Minister Yanis Varoufakis says it would be “catastrophic” if Greece left the euro, predicting it would herald “the beginning of the end of the common currency project”.