According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Leer más
The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Leer más
The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Leer más
The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Leer más
Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Leer más
The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Leer más
The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Leer más
The appeal of Asian stocks to investors has subsided because of political and economic risks that... Leer más
Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Leer más
White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Leer más
The British economy has cooled significantly in the months of January to March this year because... Leer más
The first quarter data of China has come out after a solid positive gain causing a slow down in... Leer más
An official from the European Central Bank has offered his reassurances to a very worried EU... Leer más
The America works towards reducing trade barriers with Indonesia which were the focus during the... Leer más
The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Leer más
The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Leer más
Several economists are speculating that the US Federal Reserve could possibly be in for two more... Leer más
Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Leer más
The International Monetary Fund has recently increased its outlook for international growth by up... Leer más
Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Leer más
The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Leer más
After two consecutive years of recession, the Brazilian economy has been featuring signs of... Leer más
Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Leer más
The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Leer más
In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Leer más
Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Leer más
The Canadian central bank will release on Wednesday the economic outlook of the country, however,... Leer más
Trump administration intends to revise the Dodd-Frank Wall Street reform law and changes its rules... Leer más
As stated in the monthly economic assessment report of the government published on Tuesday, the... Leer más
Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy... Leer más
The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in... Leer más
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