NEW YORK/WAM Gold surged to a fresh record above US$4,800 on Wednesday, buoyed by safe-haven …
Read More »PBOC turns to big data for financial supervision
Bloomberg China’s central bank said it created a new unit to address emerging financial security challenges brought by technological innovations. The People’s Bank of China set up a committee to improve financial technology research and coordination and will study how it affects monetary policy, markets, financial stability, payments and clearance, according to a statement released on Monday. Technology-driven financial innovation …
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