Crypto News
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Chinese police arrested six people involved in using cryptocurrency to provide an illegal currency conversion operation that handled some 2.14 billion yuan ($296 million), according to a China News Service report published on Weixin. The "underground bank" was uncovered by the Public Security Bureau of Panshi City, Jilin, the state-owned news service said. ...
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The Bank of Japan fell further behind its global peers on efforts to promote gender equality as it returned to an all male lineup of executive directors after reshuffling its senior positions. Tokiko Shimizu, the central bank’s first and only female director, will be replaced by Kazushige Kamiyama after finishing a four-year term, the BOJ said Monday. All ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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The Federal Reserve Bank of Cleveland will host the Central Bank Communications: Theory and Practice conference in person in Cleveland, Ohio. The conference will bring together researchers and policymakers to present research findings and discuss key practical issues related to central bank communications. Topics for discussion include the impacts of ...
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Chinese police arrested six people involved in using cryptocurrency to provide an illegal currency conversion operation that handled some 2.14 billion yuan ($296 million), according to a China News Service report published on Weixin. The "underground bank" was uncovered by the Public Security Bureau of Panshi City, Jilin, the state-owned news service said. ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke with Reuters: • Japan is seeing conditions fall in place for the central bank to normalise monetary policy. • Bank of Japan must keep a close eye on economic conditions and ...
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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price ...
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China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special central government bonds on Friday, according to people familiar with the ...
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China's economy is showing fresh signs of modest recovery, while pressures from still-weak demand remain, heightening the need for more stimulus to bolster the world's ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke ...
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Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according ...
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In the week ending May 4, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 22,000 from the previous week's revised level. The previous week's ...
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Dogecoin price snapped its three-day losing streak on Monday as it traded at $0.143 after gaining 1.5 percent in the intraday session. The meme coin has been on a downtrend for the last one week and its weekly losses stand at 13 percent as of this writing. In a market that has been on an extended downturn since late March, Dogecoin signaled a return to the ...
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Bitcoin initially tried to rally during the trading session on Friday but has since fallen apart. Part of this is due to the fact that the University of Michigan consumer sentiment number in the United States came out much weaker than anticipated. I think at this point in time, people are basically selling anything they have gains in to cover other ...
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The FMA has received several reports regarding fake celebrity endorsement advertisements on social media, promoting online investment schemes. We have identified multiple websites that are part of this scam but believe there may be more connected as they frequently change. We are aware of several New Zealanders who have invested through these websites and ...