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China's quest to turn the yuan into a global currency isn't actually driven by domination. It's...
INSIDER via Yahoo News· 9 hours agoThis means Beijing has control over how much foreign money can move in and out of China's economy,...
Stock market today: Wall Street lower on interest rate anxiety ahead of next update on US inflation
seattlepi.com· 3 hours agoWall Street stumbled again early Thursday as hopes for interest rate cuts slowly fade with the...
Stock market today: Asian shares track Wall Street's retreat
San Francisco Chronicle· 12 hours agoShares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the...
Moody's raises Saudi Arabia's local, foreign currency rating to 'Aa1'
Gulf Business· 5 days agoThe change in rating reflects increased predictability of policies and decision-making processes
Zimbabwe authorities mix charm with force in an attempt to shore up the world’s newest currency
WATE 6 Knoxville· 4 days agoHARARE, Zimbabwe (AP) — The introduction of the world’s newest currency in April inspired a reggae...
Stock market today: European shares open higher after retreat in Asia
Midland Reporter-Telegram· 6 hours agoShares have opened higher in Europe after a retreat in Asia. U.S. futures sank and oil...
Taxation of Foreign Currency Transactions Part III: Section 988 Transactions Defined, Character &...
JD Supra· 1 day agoWhich transactions qualify as section 988 transactions? In section 988 transactions, the taxpayer makes payments or receipts denominated in or determined by reference to one or more nonfunctional currencies.
Analysis-Tax hikes to give Russia fiscal headroom to further increase spending By Reuters
Investing.com· 2 hours agoRussia's proposed tax hikes for companies and the wealthy, which may add an extra $30 billion to next year's budget revenues, will allow Moscow to further ratchet up spending, including on its ...
Ghana central bank holds rate as currency slide slows disinflation
Reuters· 3 days ago, opens new tab for the second meeting in a row on Monday, as a slide in the local cedi currency has slowed inflation's decline. The West African cocoa, gold and oil producer ...
Movado Group reiterates FY25 guidance despite disappointing Q1 results
Investing.com· 10 hours agoMovado Group, Inc. (NYSE: NYSE: MOV ) today reported financial results for the first quarter of...