The pound has surged to a six-month high amid growing confidence that the UK will vote to remain in the European Union.
Liebe Briten, wenn Ihr in der EU bleibt – Bild
German tabloid urges the UK to remain in the EU, saying if it does it will: Acknowledge the 1966 goal and no longer make fun of Prince Charles’ ears….
Traders and brokers across the City of London are bracing themselves for an all-night vigil as the votes are counted in the Brexit referendum.
The Bank of Japan may need to ease monetary policy if the British referendum on whether to leave the European Union triggers a market shock that deals a severe blow to the economy, board member Takahide Kiuchi said on Thursday.
Much has been made of what might be next for President Barack Obama after he leaves the White House in January. According to press secretary Josh Earnest, becoming an NBA owner might be an option.
The US House of Representatives descended into chaos as Democrats staged a dramatic protest in an effort to force the Republican leadership to allow votes on gun-control legislation in the wake of the Orlando massacre.
England striker and Arsenal target Jamie Vardy has agreed a new deal with Premier League champions Leicester.
The path to full liberalisation of China’s currency, the RMB might be complete by 2018, with the offshore and onshore markets set to eventually merge, EBS BrokerTec is forecasting.
The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades that allowed him to profit on trades in his own account.
Macquarie Group has admitted to multiple breaches of company law linked to the collapse of an Australian fund manager that funnelled money into a Cayman Islands-based entity, which is likely to lead to a court-imposed penalty.
Elon Musk’s deal for SolarCity has driven some of his shareholders into insane mode.
Oil markets are improving as supply and demand are almost balancing, Saudi Arabia’s energy minister said in comments aired on Thursday.
The liberalisation of China’s capital account may prove to be one the key moments in the financial development of the 21st century. For some time now, many have predicted that this will ultimately become known as the Asian Century. And China is expected to play a major, if not the biggest, role.
Chinese companies invested nearly $15 billion in countries participating in Beijing’s new Silk Road initiative last year, up one-fifth from 2014, President Xi Jinping said in Uzbekistan, lauding a scheme that is one of his key foreign policy.
I went to a conference on China’s capital markets this morning in Canary Wharf, one of London’s major financial districts. On the way back to the office, I spotted a queue of people today outside the Thomas Cook bureau de change in Canary Wharf tube station. Even more bizarrely, someone was taking pictures. “That’s odd,” I thought. “Why would tourists want pictures of people queuing in an underground station?”
The plan to include China’s RMB in the Special Drawing Rights (SDR) basket of currencies by the International Monetary Fund is likely to have a limited impact on a global scale; however, for China it has a stronger relevance as it means liberalisation reforms have been acknowledged, panellists at a China markets conference in London highlighted today.