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| Inside Cambridge Analytica's Virtual Currency Plans SAN FRANCISCO — The embattled voter-profiling firm Cambridge Analytica quietly sought to develop its own virtual currency in recent months through a so-called initial coin offering, a novel fund-raising method that has come under growing scrutiny by financial regulators around the world.
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| China currency moves hang in the balance in US trade spat Currency valuations have long played a role in global trade spats because the goods of countries with weak currencies have a price advantage over those sold from stronger-currency nations. China has weakened the yuan CNY= at times in the past but more recently it has engineered a strengthening.
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| Trump says Russia, China playing 'currency devaluation game' U.S. President Donald Trump accused Russia and China on April 16 of devaluing their currencies while the United States raises interest rates, prompting China to accuse the United States of sending confusing messages. "Russia and China are playing the Currency Devaluation game as the U.S. keeps ...
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| UPDATE 1-India calms cash crunch worries, will ensure adequate currency supply "As a matter of abundant precaution, RBI is also taking steps to move currency to areas which are witnessing unusually large cash withdrawals," the central bank said in a statement late on Tuesday. Cash withdrawals in India go up during the crop harvest season, which is usually during March to April, ...
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Treasury Secretary Mnuchin: Trump tweet was 'warning shot' to China on currency President Donald Trump wants to make sure China doesn't start manipulating its currency again, Treasury Secretary Steven Mnuchin said Tuesday. In a tweet Monday, the president accused Russia and China of "playing the currency devaluation game," even though a Treasury report said the countries ...
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