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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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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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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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