Boris Johnson is to “step up the tempo” of talks in Brussels to secure a new Brexit deal, as he attempts to avert a defeat at the hands of Labour and pro-European Conservative rebel MPs at Westminster next week.
- Furious Bercow Ready to Defy Advice Again After Decision to Prorogue Parliament – The Times
- Scottish Conservative Leader Davidson Quits – Reuters
- Brexit Bite Pushes UK Consumer Confidence to Six-Year Low – Bloomberg
The United States and China gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional US tariffs.
China’s currency has dropped 3.7 per cent against the dollar in August, putting it on track for the biggest monthly fall in more than a quarter of a century as Beijing hunkers down for a protracted trade war with the US.
Italy’s president has asked Giuseppe Conte to head up a coalition of the 5-Star Movement and opposition Democratic Party (PD), a move could that could improve Italy’s fractious relations with the European Union.
President Trump will never be mistaken for President George H. W. Bush, but Trump may yet have one big thing in common with Bush the Elder: He too may end up being a one-term president.
Mayor Lori Lightfoot laid out a dismal financial forecast for Chicago during her citywide address Thursday night — a projected $838 million budget shortfall in the 2020 fiscal year — and called for a variety of help from state government while not ruling out any options to close the gargantuan shortfall.
Hungary’s currency dropped to a record low against the euro, continuing a downward trend amid global trade tensions, fears of a no-deal Brexit and expectations for slower economic growth across Europe.
Many investors have been fatigued by the ups and downs across markets — and derivatives may be no different.
S&P declares ‘selective default’ on plan to postpone payments as government takes desperate measures to shore up finances.
In its latest five-year Corporate Plan, the Australian Securities and Investment Commission has confirmed previous hints that the regulator’s wholesale OTC market oversight will be brought into line with those in listed markets
Anyone familiar with the history of the derivatives market will be able to tell you when the first swap was negotiated – in 1981, between IBM and World Bank. Thirty-eight years on, the market has seen the latest important landmark: completion of the first fully electronic negotiation of relationship-level swaps documentation between two counterparties.
A forgery crisis is quietly roiling the world’s gold industry.
New rules include stricter oversight of banks in times of capital flight and restrictions on real estate developers’ access to foreign currency bonds.
Government’s stance seems at odds with policy to embrace tech that can digitise the economy.
Those who bought during the bitcoin boom have left the party, says Coin Metrics.
Regulators, politicians, competition authorities and central bankers have all been outlining objections to the Libra project from the first day Facebook announced plans to let its 2.4 billion users exchange payments in a new virtual currency. Don’t be taken in.
We thought we’d seen the best chart that would ever be made in cryptoland when Imperial College London professor Andrei Kirilenko gave us his crypto periodic table last year, but as it turns out, we were wrong.
New vehicle aims to lure investors attracted by returns but put off by poor governance.
Electronic bond-trading platform has delivered better returns than Netflix or Amazon.
Traditional banks can still rely on high levels of trust to win back customers from innovative fintech challengers, according to a report from consultancy Oliver Wyman.
Treasurers Need to Move Out of Risk-Management Comfort Zone – Euromoney
Cash flow at risk and earnings at risk can help ensure FX risks are reported correctly, but treasurers need to do more to convince senior management to move away from tried and trusted methods that are no longer fit for purpose.
The bank is now able to offer fixed income prime brokerage connecting to its own custody and repo financing capabilities.
Australia is on track to close twin deficits that were once seen as the Achilles heel of its small and open economy. Yet the dramatic turnaround is probably not what the Reserve Bank is after.
Despite massive problems, vast continent is faring better than many people imagine.
The theory that higher risk leads to higher returns is false.
America’s currency has become the lingua franca of commerce. That’s “putting the global economy under increasing strain.”
International spillovers from monetary policy have been amplified by increased globalisation.