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Australia Q4 House Prices Advance 1.0%
House prices in Australia climbed 1.0 percent on quarter in the fourth quarter of 2017, the Australian Bureau of Statistics said on Tuesday. Read Full Story
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Author Archives: Top News Editor
PBoC’s Vice Governor Nominated As New Chief
China’s legislature on Monday nominated Yi Gang, vice-governor of the People’s Bank of China, as its new chief. Yi will replace Zhou Xiaochuan, who has been at the helm of the PBoC for 15 years. Zhou has headed the central ...
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Cryptocurrency Daily Roundup – Mar. 19
Cryptocurrency prices rebounded at the start of the week as sentiment improved after the G20 signaled that is it not planning to regulate cryptocurrencies for now as they do not pose considerable risk to financial stability. Separately, a central banker ...
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BCC Raises UK Growth Forecast On Spending
The British Chambers of Commerce raised its growth projections for both this year and next citing strong consumer spending driven by a pick-up in pay growth. The UK economy is forecast to grow 1.4 percent this year instead of 1.1 ...
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Singapore CB Chief Says Cryptocurrency Regulation Must Not Stifle Innovation
Central banks and regulators are finding it a challenge to regulate cryptocurrencies, but they must be careful that innovation is not stifled in their eagerness to rein in these new tokens, Monetary Authority of Singapore Managing Director Ravi Menon said. ...
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Deep Fall In Bitcoin Trade In India Over Regulatory Concerns
Cryptocurrency exchanges in India have witnessed a deep fall in trading on bitcoin this year, a new report says. India’s prominent finance daily, the Economic Times, reported the gloomy picture of the country’s cryptocurrency market Friday, quoting Mohit Kalra, Chief ...
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U.S. Consumer Sentiment Unexpectedly Improves In March
A preliminary report released by the University of Michigan on Friday showed an unexpected improvement in U.S. consumer sentiment in the month of March. The preliminary reading on the consumer sentiment index for March came in at 102.0, up from ...
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U.S. Industrial Production Jumps More Than Expected In February
After reporting a modest decrease in U.S. industrial production in the previous month, the Federal Reserve released a report on Friday showing a substantial rebound in production in the month of February. The Fed said industrial production surged up by ...
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U.S. Housing Starts Pull Back More Than Expected In February
New residential construction in the U.S. showed a sharp pullback in the month of February, according to a report released by the Commerce Department on Friday. The report said housing starts plunged by 7.0 percent to an annual rate of ...
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Cryptocurrency Daily Roundup – Mar. 16
Finance ministers and central bank governors from across the world are heading to the Argentine capital Buenos Aires this weekend to discuss their main concerns regarding the financial system and cryptocurrency regulation is set to be on top of the ...
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