Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday... READ MORE›
For a QuickTake explainer on Venezuela's economy, click here Until now, as the bolivar sank, the government declined to print bigger-denomination bills... READ MORE›
Americans want to hold the big banks accountable, Warren said... READ MORE›
The IMF is profoundly concerned, warning at last week's annual meeting in Peru of 3tn ?1.95tn of excess credit globally and weakening global economic growth... READ MORE›
Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles... READ MORE›
UK interest rates have been held at 0.5 again by the Bank of England's Monetary Policy Committee MPC ... READ MORE›
Indian Prime Minister Narendra Modi has ordered the withdrawal of 500 and 1,000-rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption... READ MORE›
A low oil price historically presages economic good times... READ MORE›
Meanwhile, former European commissioner Olli Rehn yesterday said he would consider seriously appearing before the forthcoming banking inquiry if he is asked to do so... READ MORE›
Banks' depressed equity prices and budding signs of tension in bank funding markets added another sobering note, the Switzerland-based BIS added... READ MORE›
But tension between Greece and the European Central Bank could rapidly escalate over the huge credit line that is keeping the country's banks afloat... READ MORE›
One day, the house of cards will collapse, Issing said in an interview with the journal Central Banking... READ MORE›
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
The credit union then needed permission from the Federal Reserve to access the national banking system and perform electronic transactions... READ MORE›
Threat As the Governor of the Bank of England, Mr Carney is the man with overall responsibility for financial stability in the UK... READ MORE›
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
The yuan has depreciated 7.8 percent against the U.S. dollar since the central bank devalued the currency in August last year... READ MORE›
Bank of Canada holds interest rate steady but sees 'substantial rebound' for rest of 2016... READ MORE›
Banco Popolare CEO Pier Francesco Saviotti said the bank was working on the sale of 650 million euros in bad loans to be completed by year-end... READ MORE›
The European Central Bank last week downgraded the value of Greek bonds when used as collateral for emergency loans... READ MORE›
As global markets reel after an establishment-rattling vote by Britain to sever ties with Europe, investors are again expecting central banks to ride to the rescue... READ MORE›
Government think-tanks, which make policy proposals, have urged Beijing to cut its economic growth target next year, probably to around 7 percent, from around 7... READ MORE›
The European Central Bank has been reviewing liquidity conditions at Greek banks daily in the past week... READ MORE›
It was one thing to bring back black money from banks abroad... READ MORE›
Exports to the European Union fell 12.3 percent in July while those to the United States dropped 1.3 percent... READ MORE›
Vote to leave the European Union, the central bank says it, too, has the potential to hurt the Canadian economy... READ MORE›
A senior executive at Mandiant, the cybersecurity company investigating the Bank Bangladesh heist, also told Reuters the hackers had recently penetrated banks in Southeast Asia... READ MORE›
Government think-tanks, which make policy proposals, have urged Beijing to cut its economic growth target next year, probably to around 7 percent, from around 7... READ MORE›
OECD researchers analysed global growth prospects under different trade conditions and forecast a significant blow from rolling back the trade liberalisation seen over the last 15 years... READ MORE›
China must learn lessons from stock market rout vice finance minister... READ MORE›
The currency regime gives the central bank more room to allow two-way swings in the yuan versus the dollar, deterring one-way bets on the currency... READ MORE›
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