Wednesday , 17 December 2025

Recent Posts

PBOC set to cut reserve ratio further

Bloomberg The People’s Bank of China (PBOC) is expected to continue to cut the amount of cash that banks must hold as reserves further in 2019 while keeping interbank borrowing costs largely steady even amid tightening US Federal Reserve policy, according to a survey. As part of efforts to shore up the slowing economy, the central bank will cut the …

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Cryptocurrencies drop as Bitcoin gives up $4k level

Bloomberg Cryptocurrencies dropped as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain to trade at $3,785.17 at 9:28 am in London. The Bloomberg Galaxy Crypto Index, a gauge of the largest cryptocurrencies, fell 7.7 …

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Crime probes haunt bankers from Black Sea to Baltics

Bloomberg When prosecutors questioned Poland’s central bank governor last week, he joined a growing list of east European interest-rate setters entangled in criminal probes. From the Black Sea to the Baltics, authorities have charged central bank officials or pulled them into investigations that have rattled markets and roiled political landscapes in a region trying to catch up with the richer …

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