Sports events dominated as Twitter reported 31 million unique viewers of video streaming in the fourth quarter, amounting to more than 600 hours of video covering about 400 events. The performance was a major victory […]
Yields on two-year Greek bonds are up 9 basis points and are at their highest level since the middle of last year, as a rare split on IMF board puts the country’s bailout at risk. […]
China’s foreign exchange reserves have dropped below the $3T level for the first time since 2011, marking the seventh straight monthly decline as capital continues to flow out of the world’s second-largest economy. Data from […]
The Reserve Bank of Australia kept interest rates steady at record low 1.5% today and appeared to signal they would remain on hold for a while. “There is no longer an expectation of further monetary […]
The Reserve Bank of India surprised markets today by keeping its borrowing costs on hold for a second meeting in a row. The RBI also changed its stance to “neutral” from “accommodative,” saying it would […]
Private-sector machine orders in Japan posted a 6.7% gain in December, reversing a 5.1% drop in November. The increase outstripped the median forecasts of economists, who expected a 3.1% rise. Source: Market News International (08 […]
Britain’s House of Commons has given final approval to a bill authorizing the government to start exit talks with the EU, without attaching extra conditions, such as protecting EU citizens in the U.K. The bill […]
Citigroup is teaming up with software firms, including Facebook and Microsoft, to launch Citi Tech For Integrity Challenge. The initiative will use financial technologies to help governments detect fraud and bribery. Source: WSJ (7 Feb […]
BNP Paribas, the largest listed bank by assets in France, reported €1.44 billion in fourth-quarter net profit, up from €665 million the same period the previous year. The bank’s Q4 revenue was €10.66 billion, a […]
Bank for International Settlements General Manager Jaime Caruana expects the Trump administration’s approach to affect coordination of Basel IV capital rules for banks. “This will probably take some time, but we need to wait for […]
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