Bloomberg Bank of America Corp. expects to take a roughly $3 billion hit to fourth-quarter …
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Swiss National Bank rescues firm it needs to make banknotes
Bloomberg The Swiss National Bank bought a 90 percent stake in Landqart AG, bailing out …
Read More »ITFC, Afreximbank tie up to boost African trade
Emirates Business The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank …
Read More »â€˜Detroit-like bankruptcy may benefit China’
Bloomberg A Chinese central bank official said China should allow local governments to go bankrupt …
Read More »A peek into central banks’ views on cryptocurrencies
Bloomberg Almost nine years since the birth of bitcoin, central banks around the world are …
Read More »Economists lose credibility when they’re too certain
Every society runs on trust. This is even more true of complex, scientific modern societies …
Read More »This one factor could tell how far bitcoin will plunge
While the sharp drop in bitcoin — 25 percent, or nearly $4,000, overnight (and 33 …
Read More »Xiaomi worth $100bn? Definitely the silly season
Xiaomi Corp. is set to pull in revenue of $17 billion to $18 billion this …
Read More »China should let its workers roam free
Over the past few weeks, people here in Beijing have been riveted by the so-called …
Read More »Proposals to upgrade eurozone’s sovereign crisis miss the mark
Large bank failures in recent years have led to reforms that strengthen crisis prevention and …
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