currency

More than $250k in counterfeit US bills seized in Cincinnati

More than $250k in counterfeit US bills seized in Cincinnati

In Cincinnati, Ohio, the U.S. Customs and Border Protection intercepted more than $250,000 in counterfeit US bills on its way from Shenzhen, China to Guthrie, Oklahoma. From Fox19: The money, which
Euro Comeback Rests on EU Leaders Agreeing on Recovery Fund

Euro Comeback Rests on EU Leaders Agreeing on Recovery Fund

Leaders in the euro area need to make its widely-touted recovery fund a reality to revive the fortunes of its battered currency.
Argentina Bonds Rise After Default as Investors Await Deal

Argentina Bonds Rise After Default as Investors Await Deal

Argentina’s dollar bonds climbed as the government said it would improve the terms of a debt restructuring proposal for creditors after slipping into default for the third time this century.
Biden Lays Memorial Wreath in First Public Event Since Virus

Biden Lays Memorial Wreath in First Public Event Since Virus

Joe Biden emerged Monday from his stay-at-home lockdown after more than 10 weeks to mark Memorial Day with a tribute to veterans.
Burundi Ruling Party Candidate Wins Vote Rejected by Rival

Burundi Ruling Party Candidate Wins Vote Rejected by Rival

Burundian ruling party candidate Evariste Ndayishimiye won the nation’s presidential election, which was marred by violence and health concerns because of the coronavirus outbreak. The outcome was
China Plans to Revise Law Governing the Central Bank This Year

China Plans to Revise Law Governing the Central Bank This Year

China’s top legislature said it plans to revise the law governing the People’s Bank of China this year, amid a broadening of the central bank’s role in recent years.
Rival Plans for EU Crisis Fund Signal Bumps in the Road to Come

Rival Plans for EU Crisis Fund Signal Bumps in the Road to Come

European Union governments are trying to forge a consensus over how to provide aid to the countries hardest hit by the coronavirus pandemic.
Suriname Leader Seeks Re-Election Despite Murder Conviction

Suriname Leader Seeks Re-Election Despite Murder Conviction

Desi Bouterse Photographer: Florence Lo/AFP via Getty Images
Japan Tentatively Begins to Open Up After Emergency Ends

Japan Tentatively Begins to Open Up After Emergency Ends

Japan inched toward resuming more activities Tuesday after a dropoff in virus cases led the government to end its nationwide state of emergency and bring a new focus to rebuilding a battered economy.
Europe’s Debt Reckoning May Mean Tough Choices on Who to Tax

Europe’s Debt Reckoning May Mean Tough Choices on Who to Tax

A pedestrian wearing a protective face mask walks past shuttered stores and cafes in central Athens, Greece, on Tuesday, April 7, 2020. Europe’s fiscal stalemate over a joint economic response to the
Singapore Dollar Looks Vulnerable Even as Economy Opens Up

Singapore Dollar Looks Vulnerable Even as Economy Opens Up

Singapore’s currency looks set to remain under pressure as global headwinds outweigh the benefits of an easing in the nationwide lockdown.
Lockdown Hopes Meet Geopolitical Anxiety in Whiplashed Markets

Lockdown Hopes Meet Geopolitical Anxiety in Whiplashed Markets

The competing themes of U.S.-China tensions and the reopening of virus-battered economies will probably ensure a mixed and tentative start to the week for global markets.
Swiss Banks Freeze Funds as Vatican Probes London Land Deal: NZZ

Swiss Banks Freeze Funds as Vatican Probes London Land Deal: NZZ

TOPSHOT - This aerial photograph taken on May 1, 2020 shows St Peter's dome at the Vatican, on May day during the country's lockdown aimed at curbing the spread of the COVID-19 (the novel
Turkey Raises Tax on Some FX Purchases to Aid Virus Battle

Turkey Raises Tax on Some FX Purchases to Aid Virus Battle

Turkey hiked the tax on individual foreign currency purchases and the withholding tax on banks’ commercial paper to raise more money to deal with the economic impact of the coronavirus pandemic.
China Official Says Increasing Debt Level Feasible and Necessary

China Official Says Increasing Debt Level Feasible and Necessary

China’s plans to raise its debt level to stimulate demand and combat the economic effects of the coronavirus pandemic are feasible and necessary, a senior official at the country’s top economic
Japan to Lift Emergency in Tokyo on Monday, Reports Say

Japan to Lift Emergency in Tokyo on Monday, Reports Say

Japan’s government has decided to lift the state of emergency in Tokyo, its surrounding regions and the northern island of Hokkaido as new virus cases tail off, public broadcaster NHK reported.
Fate of Global Economy Rests More Than Ever on Finding Vaccine

Fate of Global Economy Rests More Than Ever on Finding Vaccine

This picture taken on May 14, 2020 shows a researcher at Peking University's Beijing Advanced Innovation Center for Genomics conducting tests at their laboratory in Beijing. - The Chinese laboratory
Trump Plays Golf for First Time Since Coronavirus Lockdowns

Trump Plays Golf for First Time Since Coronavirus Lockdowns

United States President Donald J. Trump walks in to the White House in Washington D.C., U.S., as he returns from Trump National Golf Club in Sterling, Virginia on Saturday, May 23, 2020. Credit:
Hertz Files for Bankruptcy After Rental-Car Demand Vanishes

Hertz Files for Bankruptcy After Rental-Car Demand Vanishes

Hertz Global Holdings Inc., the car-rental company founded with a dozen Ford Model Ts over a century ago, filed for bankruptcy late Friday after sweeping travel restrictions and the global economic