Tuesday , 10 February 2026

Recent Posts

Yen primed for rise towards 100 as Fed stimulus saps dollar

Bloomberg The yen’s advance this week may be a sign of things to come, with strategists in Tokyo saying the currency could climb towards 100 against the dollar in the next few months. Citigroup Global Markets Japan Inc. says the yen stands to gain as the Federal Reserve’s massive monetary stimulus weighs on the greenback. MUFG Bank Ltd. sees the …

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PBOC to run simulations of digital currency use

Bloomberg China’s central bank has given the green light for some commercial lenders to run trials of its digital currency, according to people familiar with the matter, bringing it a step closer to becoming the world’s first major monetary authority to issue its own digital tender. State-owned Chinese banks are conducting internal, hypothetical-use tests of a People’s Bank of China …

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EasyJet gets new loans, to sell planes to ride out virus

Bloomberg EasyJet Plc boosted its cash reserves to ride out the coronavirus pandemic, saying it now has sufficient resources to see it through the end of the year. The shares rose after Britain’s biggest discount airline said it had borrowed 400 million pounds ($500 million) against its jet fleet, and may raise 550 million pounds more from selling planes to …

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