Ten EU Countries Agree on Aspects of a Financial-Transaction Tax – Reuters Ten euro zone countries agreed on Tuesday on some aspects of a harmonized tax on financial transactions and gave themselves until the middle of next year to reach agreement on remaining issues, including tax rates, the group said in a statement.
Overseas Investors Driving HKEx Derivatives Market – The Trade News Hong Kong Exchange and Clearing Limited has announced its derivatives trading has grown largely due to overseas investors and exchange participants.
Central Bankers Explore Response to Bitcoin: Their Own Digital Cash – Wall Street Journal (subscription) Transformation could cut costs while raising security concerns.
Swiss National Bank Keeps Record-Low Rate, Says Franc Overvalued – Bloomberg The Swiss National Bank left interest rates at a record low and maintained its pledge to intervene if needed to push back against pressure on the “significantly overvalued” franc.
Rand Plunges in Longest Losing Streak in Two Years as Nene Fired – Bloomberg The rand fell for a sixth day in the longest streak of losses since November 2013, stocks slid and bond prices tumbled the most on record after South African President Jacob Zuma fired Finance Minister Nhlanhla Nene.