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  • October 31, 2014
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Results 1 - 10 of 34404 for currency crisis

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  1. Business - Banking & Finance - THE VIEW

    China speeds up transformation of yuan into global currency after crisis

    Posted Oct 20th 2014, 09:26am by Cathy Holcombe

    ... Cathy Holcombe Yuan's transformation into a global currency has been speedy, but major reforms are needed if China is to seriously challenge the US dollar's status Dollar ... This is the privilege of being the world's reserve-currency country and one that other nations have been grumbling about for decades, starting with the French in the 1960s. A tipping point of frustration ...

    http://www.scmp.com/business/banking-finance/article/1620428/china-speeds-transformation-yuan-global-currency-after
  2. Business - Economy - MACROSCOPE

    The euro is a broken currency and possibly beyond repair

    Posted Oct 06th 2014, 04:10am by DAVID BROWN

    ... David Brown Weakening of euro against the US dollar is a symptom of fiscal and monetary failures, with much of the blame lying at the door of the ECB The euro is a broken currency and possibly beyond repair The euro's survival hangs in the balance as worries about weakening fundamentals that have dogged private sector investors since the onset of the global financial crisis ...

    http://www.scmp.com/business/economy/article/1610110/euro-broken-currency-and-possibly-beyond-repair
  3. News - World - CURRENCY

    Ecuador set to be first country to issue its own digital currency

    Posted Aug 29th 2014, 11:14pm by AP

    ... Ecuador set as its currency in 2000 after a crippling banking crisis. The official in charge of the new currency, Fausto Valencia, said the software was already used in Paraguay by cellphone ... Associated Press in Quito, Ecuador Ecuador to issue its own digital money Ecuador is planning to create the world's first government-issued digital currency, with some analysts saying ...

    http://www.scmp.com/news/world/article/1581896/ecuador-set-be-first-country-issue-its-own-digital-currency
  4. Business - Banking & Finance - CURRENCIES

    Currency traders looking to profit from price swings

    Posted Jul 29th 2014, 01:50am by BLOOM

    ... cent during the worst of the global financial crisis in October 2008. Price swings have widened this month for nine of 31 major currencies, led by Israel's shekel and with Russia's ... Bloomberg in London Rise in volatility brightens prospects for forex dealers, despite increased uncertainty and risk Traders looking to profit from price swings Currency traders ...

    http://www.scmp.com/business/banking-finance/article/1561372/currency-traders-looking-profit-price-swings
  5. The lesson Europe could learn from the Asian currency crisis

    Posted Feb 17th 2012, 12:00am

    ... per head for Thailand and Indonesia, again indexed to 100 in 1996, the year before the Asian crisis forced them to abandon their pegged exchange rates and devalue their currencies. Recovery ... to be a practical solution to the crisis. 'Drastic spending cuts may prove more than the public are willing to swallow,' it warned. 'In that case, a Greek default and devaluation could ...

    http://www.scmp.com/article/992916/lesson-europe-could-learn-asian-currency-crisis
  6. Business - Economy - CURRENCIES

    Risky times for fragile five currencies

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... Bloomberg in New York Rising oil prices have raised concern over the currencies of Indonesia, South Africa, India, Turkey and Brazil Risky times for fragile five After months spent working to erase their image as emerging markets to avoid, the Iraqi crisis and its influence on oil prices are putting the fragile five currencies back on investors' sell lists. The Indonesian ...

    http://www.scmp.com/business/economy/article/1539902/risky-times-fragile-five-currencies
  7. News - China - CRIME

    Farmers pass off Korean banknotes as US currency in scam targeting elderly

    Posted Oct 23rd 2014, 07:23pm

    ... Nectar Gan nectar.gan@scmp.com Four farmers in Henan province passed off South Korean banknotes as US dollars in a currency exchange swindle that targeted elderly people, local state media have reported. Three were each sentenced to more than a year in jail and fined 20,000 (HK$25,260) on fraud charges, while the case of the other suspect would be handled separately, news website ...

    http://www.scmp.com/news/china/article/1622997/farmers-pass-korean-banknotes-us-currency-scam-targeting-eldery
  8. Business - Money

    Chart of the day: Crisis mode in the euro zone

    Posted Jul 18th 2014, 12:06am by Nicole Elliott

    ... Nicole Elliott Chart of the day: Crisis mode in euro zone Investors seem to be thinking that the euro-zone economy is again in imminent danger of collapse, at least if the chart ... collapsed and European Central Bank president Mario Draghi was famously forced to promise to do "whatever it takes" to ensure the single-currency bloc's survival. Whatever confidence ...

    http://www.scmp.com/business/money/markets-investing/article/1555887/chart-day-crisis-mode-euro-zone
  9. News - World - DIPLOMACY

    Russian President Vladimir Putin says US is trying to 'remake the whole world'

    Posted Oct 25th 2014, 04:44am by Reuters

    ... Reuters in Laura Russian president denies trying to rebuild empire and blames Ukraine crisis on West Putin accuses US of trying to 'remake world' Russian President Vladimir Putin ... shifted blame for the Ukraine crisis onto the West. "We did not start this," Putin told an informal group of experts on Russia that includes many Western specialists critical of him, ...

    http://www.scmp.com/news/world/article/1624123/russian-president-vladimir-putin-says-us-trying-remake-whole-world
  10. Business - Economy - ECONOMY

    Australia faces currency dilemma

    Posted May 12th 2014, 02:58am by DAVID BROWN

    ... David Brown Low interest rates, a rebounding economy and speculative bubbles are putting pressure on the reserve bank to keep the currency from rising Australia in a dilemma The Reserve ... the currency into a new phase of unbridled strength. The aussie is a quicksilver currency. If the climate is right, buying the aussie can be a lucrative, self-fulfilling one-way bet for currency bulls, ...

    http://www.scmp.com/business/economy/article/1509918/australia-faces-currency-dilemma

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