Search Results for: central banks
RBS, Credit Suisse recommend buying Greek debt
July 31st, 2015
It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. A last gasp deal on 13 July saw ...
Blockchain-based SETL plans to revolutionise payment and settlement
July 29th, 2015
A new venture plans to create a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. Called SETL, the venture is backed by Peter Randall, former chief executive at Chi-X, the multilateral trading facility that is now ...
Greek Stock Market on Course to Reopen as ECB Gives Assent
July 29th, 2015
The reopening of the Athens stock market is one step closer. The European Central Bank on Tuesday approved proposals for trading rules to end the four-week closure, according to a spokeswoman for the Athens Stock Exchange. The timing of ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
IMF reports: Euro Area Recovering, But Lasting Growth Requires Collective Push
July 28th, 2015
Euro area recovering but stronger growth needed to boost jobs More balanced policy mix can generate large growth dividends Cleaning up bad bank loans can help support more lending and investment The euro area recovery is strengthening, but the ...
Eurozone debt crisis: why the Greece deal will work
July 27th, 2015
The deal between Brussels and Athens is actually a good one for both sides Now that Greek banks have reopened and the government has made scheduled payments to the European Central Bank and the International Monetary Fund, does Greece’s ...
China’s stock market crashes again as panicking sellers lose faith
July 27th, 2015
Beijing is struggling to rein in the self-preservation instincts of small investors. All that’s left to happen in China’s stock market is for government leaders to admit they are powerless to stop a selloff. Monday’s panic selling was the ...
Greece’s headache: how to lift the capital controls?
July 27th, 2015
It is just the headache Greece‘s government does not need right now: how can it loosen the capital controls that are shielding its banks, but strangling the rest of the economy? For the past month, Greece has been financially ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
5 Ways that Cryptocurrency Improves Lives
July 23rd, 2015
Cryptocurrencies like Bitcoin can improve lives. That’s an undisputable fact that we have seen evidence for over and over again. Below we have listed five ways cryptocurrency improves lives. Let us know in the comment field how you think ...
