Russia Says Currency Crisis Over, But Inflation Set To Soar
December 25 2014 7:46 AM
The ruble plunged to all-time lows last week on heavy falls in the price of oil and Western sanctions over the Ukraine crisis.
Six RBS Traders Could Be Punished In Forex Probe
December 24 2014 1:25 AM
RBS launched an internal review into its FX activities after it was one of six banks fined a combined $4.3 billion last month.
Switzerland Will Begin Charging Banks To Park Their Money
December 18 2014 11:23 AM
For the first time in decades, Switzerland will charge commercial banks to park money.
Russia Begins Selling Reserves To Save Ruble
December 17 2014 7:23 AM
As the ruble is significantly undervalued, Russia has started selling its currency reserves to resolve the crisis.
To Boost Ruble, Russia May Be Forced To Spend Another $70B
December 17 2014 4:37 AM
Russia has so far spent about $80 billion -- a fifth of its international reserves -- in an unsuccessful move to stabilize the ruble.
Russians Both Shrug And Worry As Ruble Nosedives
December 16 2014 4:42 PM
Most Russians aren't exposed to the economic woes stemming from the ruble's collapse, but some say they are hit hard.
Cheap Crude Oil Slams Currencies, Stocks
December 16 2014 2:23 PM
The most dramatic example is the Russian ruble, which hit a record low Tuesday, in part because of rising pressure on the oil-dependent economy.
Russia's Central Bank Calls Ruble Collapse 'Critical'
December 16 2014 10:57 AM
Currency traders hammered the ruble to a record low against the dollar, despite central bank action to halt the slide.
Swiss Voters Reject Gold, Immigration Proposals, Salvaging EU Ties
November 30 2014 4:55 PM
The referendums reflect a growing public view that Switzerland is under siege from foreign workers eroding its Alpine culture.
US Prosecutors To Interview London FX Traders
November 25 2014 4:58 AM
The authorities have reportedly given banks under investigation until mid-December to turn over related information.
Big Banks Fined $3.4B In Forex Probe
November 12 2014 3:38 AM
The fines were imposed after a year-long investigation into allegations of rigging of forex markets between 2008 and 2013.
US Dollar Rises On Concerns Of The Global Economy
October 10 2014 11:18 AM
The dollar has surged 10 percent over the past five months to reach multi-year highs.
Argentinian Peso Fall May Have Silver Lining
September 26 2014 6:09 AM
The decline of the Argentinian peso versus the dollar could have a silver lining for Argentinian farmers and exporters.
Bitcoin Promoter Will Plead Guilty In Silk Road Case
August 29 2014 7:46 PM
Charlie Shrem will admit unlicensed money transmission, his lawyer says.
Janet Yellen's Jackson Hole Speech As A Word Cloud
August 22 2014 10:44 AM
Here's a word cloud generated from the text of Fed Chair's speech.
UK Aims For Central Role In Bitcoin Trading
August 06 2014 12:18 PM
The Treasury report expected this fall will highlight benefits and downsides associated with bitcoin and other digital currencies.
A Tale Of Two Nigerias
July 31 2014 2:59 PM
Now the largest economy in Africa, Nigeria's lasting progress is only discouraged by Boko Haram's pervasive violence.
Foreigners Can Soon Buy Saudi Stock, But With Restrictions
July 22 2014 9:29 AM
The biggest stock market in the Middle East is one of the few that's remained closed to foreign investment.
New Sanctions Cause Russian Shares And Ruble To Tumble
July 17 2014 5:17 AM
The new U.S. sanctions effectively shut off medium- and longer-term dollar funding for companies close to Vladimir Putin.
Is The IRS Really Driving Americans To Renounce Citizenship?
July 15 2014 11:39 AM
A recent poll shows more American expats are thinking about renouncing citizenship to avoid harsh new tax laws.