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Tag: Currency markets

Turkmenistan, one of the world’s most closed nations, legalizes crypto mining and exchanges

January 1, 2026January 2, 2026 · Technology

ASHGABAT, Turkmenistan — ASHGABAT, Turkmenistan (AP) — Turkmenistan, one of the world’s most isolated nations, officially legalized mining and exchanging cryptocurrency on Thursday in a major shift for…

Read more Turkmenistan, one of the world’s most closed nations, legalizes crypto mining and exchanges

China Vanke’s near-default exposes fragility of the faltering recovery in the property industry

December 30, 2025January 3, 2026 · Finance

HONG KONG — State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week…

Read more China Vanke’s near-default exposes fragility of the faltering recovery in the property industry

China pitches itself as alternative to US protectionism after signing expanded ASEAN free trade pact

October 27, 2025October 28, 2025 · Finance

KUALA LUMPUR, Malaysia — China signed an expanded version of a free trade agreement Tuesday with the Association of Southeast Asian Nations, with Chinese Premier Li Qiang pitching…

Read more China pitches itself as alternative to US protectionism after signing expanded ASEAN free trade pact

Argentina’s Bonds, Stocks, Currency Rally After Milei Victory

October 27, 2025October 27, 2025 · World News

Argentina’s stocks, bonds and currency surged Monday after the country’s midterm elections delivered a surprising mandate for President Javier Milei to press ahead with his free-market economic overhauls.…

Read more Argentina’s Bonds, Stocks, Currency Rally After Milei Victory

Opinion | Argentina: Right Country, Wrong Rescue

October 12, 2025October 12, 2025 · World News

Javier Milei needs U.S. help, but his country really needs dollarization. The Editorial Board Source link

Read more Opinion | Argentina: Right Country, Wrong Rescue

Trump’s new 100% tariffs on China triggered an $18 billion crypto sell-off

October 11, 2025October 12, 2025 · Atlanta, Georgia Local News

(CNN) — President Donald Trump’s threat to impose an additional 100% tariff on imports from China sparked a massive cryptocurrency sell-off late Friday that exposed risky leverage in the…

Read more Trump’s new 100% tariffs on China triggered an $18 billion crypto sell-off

Gold prices soar to new records amid US government shutdown

October 1, 2025October 1, 2025 · Finance

NEW YORK — As uncertainty deepens amid the U.S. government’s first shutdown in almost seven years, the gold frenzy continues to climb to new heights. The going price…

Read more Gold prices soar to new records amid US government shutdown

Japanese automaker Nissan is developing self-driving technology

September 21, 2025September 22, 2025 · Finance

TOKYO — Japanese automaker Nissan is developing new self-driving technology as it works to turn around its struggling auto business. In a recent demonstration of the technology, set…

Read more Japanese automaker Nissan is developing self-driving technology

Klarna prices IPO at $40, valuing company at $15 billion ahead of trading debut

September 10, 2025September 10, 2025 · Technology

NEW YORK — Klarna priced its long awaited initial public offering at $40 a share late Tuesday, valuing the Swedish buy now, pay later company at more than…

Read more Klarna prices IPO at $40, valuing company at $15 billion ahead of trading debut

Nigeria bans exports of raw shea nuts used for cosmetic products to help grow local economy

August 28, 2025August 31, 2025 · Finance

LAGOS, Nigeria — Nigeria’s government has banned the export of raw shea nuts, an essential raw material in many cosmetic products, in a bid to grow the country…

Read more Nigeria bans exports of raw shea nuts used for cosmetic products to help grow local economy
Financial markets around the world stabilize after recent rout. Here’s what to know

Financial markets around the world stabilize after recent rout. Here’s what to know

August 6, 2024August 7, 2024 · Technology

Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday. The…

Read more Financial markets around the world stabilize after recent rout. Here’s what to know
What are carry trades and how did they contribute to this week’s global market mayhem?

What are carry trades and how did they contribute to this week’s global market mayhem?

August 6, 2024August 6, 2024 · Finance

BANGKOK — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged…

Read more What are carry trades and how did they contribute to this week’s global market mayhem?
Yen weakens past 160 against the dollar, reigniting intervention speculation

Yen weakens past 160 against the dollar, reigniting intervention speculation

June 26, 2024June 26, 2024 · Business

Sheets of newly-designed Japanese 10,000 yen banknotes move through a machine at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 19, 2024. Persistent weakness…

Read more Yen weakens past 160 against the dollar, reigniting intervention speculation
King Charles banknotes enter circulation for the first time

King Charles banknotes enter circulation for the first time

June 5, 2024June 6, 2024 · Banking

A press preview held for the ‘The Future of Money’ exhibition at the Bank of England Museum in London, United Kingdom on February 27, 2024. Rasid Necati Aslim…

Read more King Charles banknotes enter circulation for the first time
What to know before you buy a house overseas — and 3 steps to smooth the process

What to know before you buy a house overseas — and 3 steps to smooth the process

May 10, 2024May 12, 2024 · Real Estate

Courtneyk | E+ | Getty Images Mortgages, currency exchange complicates a purchase While there may be similarities to the U.S. market when buying a home overseas, there are…

Read more What to know before you buy a house overseas — and 3 steps to smooth the process
A timeline of the collapse at FTX

A timeline of the collapse at FTX

May 8, 2024May 8, 2024 · Technology

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed,…

Read more A timeline of the collapse at FTX
Most FTX customers to get all their money back less than 2 years after collapse

Most FTX customers to get all their money back less than 2 years after collapse

May 8, 2024May 8, 2024 · Breaking News

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get…

Read more Most FTX customers to get all their money back less than 2 years after collapse
Stock market today: Wall Street edges higher as more earnings come in ahead of inflation data

Stock market today: Wall Street edges higher as more earnings come in ahead of inflation data

April 24, 2024April 24, 2024 · Finance

Wall Street pointed higher early Wednesday as investors pore over more corporate earnings data ahead of an important inflation update later in the week. Futures for the S&P…

Read more Stock market today: Wall Street edges higher as more earnings come in ahead of inflation data
‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them

‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them

April 23, 2024April 23, 2024 · Business

A Japanese 1,000 yen banknote sits on a pile of South Korean won banknotes for an arranged photograph at a Woori Bank Co. branch in Seoul, South Korea.…

Read more ‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them
Inside Austin’s bitcoin underground

Inside Austin’s bitcoin underground

March 24, 2024March 24, 2024 · Business

AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of Congress Avenue and Sixth…

Read more Inside Austin’s bitcoin underground
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