Swiss central bank makes 50bn Swiss franc loss
The soaring value of the Swiss franc against the euro has led Switzerland’s central bank to report a first half
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CURRENCY
Royal Dutch Shell cuts 6,500 jobs
Oil giant Royal Dutch Shell has announced it has shed 6,500 jobs as part of cost-cutting plans as it seeks
Read MoreUS economic growth picks up to 2.3%
The US economy grew at an annualised pace of 2.3% in the three months to June, official figures have shown.
Read MoreBank of Canada cuts key interest rate as economy falls into recession
The Bank of Canada cut its trend-setting interest rate to 0.5 per cent on Wednesday to help boost an
Read MoreVishal Sikka seeks ‘Bhishma Pitamaha’ Murthy’s guidance to steer growth
BENGALURU: The 34th annual general meeting (AGM) of Infosys started with a dramatic flourish that had the company’s first
Read MoreMoney market traders’ firm to set Mumbai inter-bank rate
Mumbai: The association of bond dealers, local currency traders and bankers on Monday formed a new firm to fix the
Read MoreBernanke: Dump Jackson, not Hamilton, on US currency
WASHINGTON (AP) — Former Federal Reserve chief-turned blogger Ben Bernanke is calling for the U.S. Treasury to abandon plans to
Read MoreCurrent account surpluses fortify emerging market currencies in North Asia
SINGAPORE (Reuters) – Emerging markets in North Asia such as South Korea and Taiwan will lean on their strong current
Read MoreNavigating China’s Foreign Exchange Currency Controls – See more at: http://www.china-briefing.com/news/2015/06/19/navigating-chinas-foreign-exchange-currency-controls.html#sthash.uZh51DcU.dpuf
For foreign invested enterprises (FIEs) looking to enter the Chinese market, a thorough understanding of China’s currency controls is crucial.
Read MoreEurogroup election delayed to July by Greek crisis
The election of the next president of the Eurogroup of eurozone finance ministers has been delayed until July because of
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