The euro’s worst year in a decade is looking even grimmer after the Chinese yuan’s inclusion in the International Monetary Fund’s basket of reserve currencies. The...
IMF Approves Chinese Yuan As Reserve Currency International Monetary Fund’s executive board, which represents 188 member nations have decided the Yuan meets the standard of...
The world’s biggest pension fund posted its worst quarterly loss since at least 2008 after a global stock rout in August and September wiped $64 billion...
Finally International Monetary Fund (IMF) is set to include Chinese Yuan in its Special Drawing Rights (SDR) reserve currency on Monday, November 30. The board is...
China’s 10-year government bonds headed for the biggest weekly advance in a month as deteriorating economic data spurred speculation the central bank will further ease monetary...
Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices extended gains. Spreadbetters expected...
Nigeria’s central bank Governor Godwin Emefiele is at risk of losing credibility over a decision to ease monetary policy, while maintaining currency restrictions that are hurting...
According to National Bureau of Statistics (NBS) report, the number of unemployed in the labour force increased by 1,454,620 persons between the second quarter (Q2) and...
Data released by the National Bureau of Statistics (NBS) shows that in the third quarter of 2015, the total number of jobs recorded in the economy...
German manufacturing and services sectors surpassed expectations amid VW scandal and slow global economics, both Germany’s powerful sectors have efficiently improved, according to the report released...
