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China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after...
The figure, revealed by the Treasury, represents £37million – or 2.52 per cent of the total £1.4billion in the market – and is part of an ‘upward trend’ in forgery. Six years ago, one per cent of pound coins were bogus.
by William Pesek on Sunday, 08 November 2009 It’s as provocative an argument as an economist can make: China is stealing jobs. The idea that China is siphoning prosperity from other poor nations using an undervalued currency...
ST. ANDREWS, Scotland -(Dow Jones)- China urged nations that issue major reserve currencies to keep their currencies and their exchange rates stable, state-run Xinhua News Agency reported Saturday, citing Finance Minister Xie...
A commentator at Bolt's place recently said that all criticism of Treasury and the RBA is now akin to treason. Things aren't that bad yet, but almost. That suggests this weeks essay. It is a bit more recent than other essays....
Sunday, November 08, 2009 LONDON: Gold prices struck a series of record highs this week, eventually spiking above $1,100 for the first time, as Asian central banks snapped up the precious metal as an alternative to the dollar....
The pound has rallied slightly against the euro in recent weeks but the euro remains very strong - and many holidaymakers are looking for breaks outside the eurozone to get better value for their holiday pound.
NEW YORK: The death knell for the dollar has been sounded many a time in recent years, but its weakness has still not alarmed investors. Questions now focus on how much further the dollar can fall before investors flee U.S....
MUSCAT -- The oil and gas sector continues to play a predominant role in the overall economic performance of Oman accounting for over 50 per cent of nominal gross domestic product (GDP), almost 80 per cent of net fiscal revenue...
How the financial crisis could leave Europe even stronger than America. A June report from a Moscow think tank close to the Kremlin described Europe as weak in the face of Russian might, and last year's U.S. National...
