Business

The European Commission (EC) will be working with the European Central Bank (ECB) to look at the potential risks of developing and issuing a Digital EuroThe European Commission and the ECB are partnering to consider the potential downsides of the […]

The bank said a major reason for extending the block was the British Gambling Commission’s October 2020 data, with the number of online bets and active accounts rising month-on-month as many workers returned to working from home.“This is a challenging […]

World Bank The World Bank plans to invest over $5bn within the next five years to help restore degraded landscapes, improve agricultural productivity, and promote livelihoods across 11 African countries.It said the countries were on a swathe of land stretching […]

By Reuters Staff / Reporting by Carolyn Cohn; editing by Barbara Lewis JPMorgan Asset Management’s Global Macro Opportunities Fund was the top-rated global macro fund of 2020, asset allocators using SharingAlpha, the fund rating platform, said on Wednesday. The PIMCO […]

On Monday, bitcoin slid as much as 17%, the biggest drop since March, after breaching $34,000 for the first time over the weekend. | AFP-JIJI Bitcoin has the potential to reach $146,000 in the long term as it competes with […]

African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic. But experts view the New Year’s Day launch as largely symbolic with full implementation of the […]

A general view shows The Bank of England and the City of London financial district, amid the outbreak of the coronavirus disease (COVID-19), in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo Europe will see its biggest transfer of share […]

China is expected to go ahead of the United States to become the world’s biggest economy in 2028, 5 years earlier than previously anticipated due to the contrasting recoveries of the two countries from the COVID-19 pandemic.The 2 biggest economies […]

It’s easy to forget that it’s not just politicians who disagree about the opportunities and challenges posed by Britain’s imminent departure from the European Union. Brexit is the UK’s chance to amplify its global financial influence, but many in the […]

Charles Li Xiaojia will step down as chief executive of HKEX in two weeks. Photo: Nora Tam Charles Li Xiaojia hinted on Monday that he would set up his own financial business based in Hong Kong after he steps down […]