What Happened in the World Economy This Week and What It Means

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Just when it looked like the global economy was running on all cylinders, President Donald Trump injected a degree of risk to the otherwise favorable outlook. The U.S. president announced on Thursday plans to impose 25 percent implications for a … Continued

Stock Rally Continues in Asia; Yen Fluctuates: Markets Wrap

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Japanese stocks extended a rally in global equities and the yen traded around a 15-month high, with trading muted due to holiday closures across Asia. Australian shares were also higher, but with most major markets across Asia Pacific shut for … Continued

Why are global stock markets falling?

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Fears of interest rate rises in the US aimed at taming inflation are making markets nervous Why are global stock markets falling? Fears of interest rate rises in the US aimed at taming inflation are making markets nervous Mon 5 … Continued

Trump Ties Palestinian Aid Money to Peace Deal: Davos Update

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Billionaires, world leaders and investors are gathered in Davos, Switzerland, for the World Economic Forum’s annual meeting to hobnob and discuss topics ranging from the global economy and sexual harassment, to the risks and opportunities of artificial intelligence. Not to mention … Continued

Asia Stocks Head for Fresh Record High, Oil Climbs: Markets Wrap

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Asian stocks extended the strong start to the year, heading for fresh all-time highs, as investors turn with optimism toward the earnings season after the U.S. government shutdown moved toward an end. Oil extended gains towards $64 a barrel. Equities in … Continued

Nordea’s Bitcoin Ban Leaves Financial Regulator Taking Back Seat

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As Nordea Bank AB blazes a trail in Europe by banning its employees from trading Bitcoin and other cryptocurrencies, the regulator is taking a back seat in a decision-making process it says is better left to the industry. Sweden’s Financial … Continued

Heres What the World’s Central Banks Really Think About Bitcoin

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Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to do, … Continued