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Tether crypto-currency operator reports $31m raid The company behind the digital currency Tether has said that close to $31m (£23.4m) worth of its tokens have been stolen. The Hong Kong-based company said it had taken action to prevent the thieves from redeeming the funds but now required other users to install an update. It follows a series of ...
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Politics limits currencies while stocks and bonds rally "Political risk has come to Germany, usually seen as a bastion of political stability. It has the potential to cause further weakness in the euro as overseas investors pull back while they assess the situation," says Andrew Milligan, head of global strategy at Standard Life Investments. "German political ...
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Sudan announces plans to stop currency drop The Sudanese government yesterday announced a package of economic and financial measures to stop the record drop in the local currency. The decisions came after an emergency meeting held by President Omar Al-Bashir at the presidential palace in Khartoum with the economy minister and other ...
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How sustainable is the local currency bonds rally in emerging markets? It has been a positive year for investors in emerging market local currency assets, especially those with a US dollar base. But is it too late to take advantage of this trend? We believe that the move is more than a transitory rally. During 2015 and 2016, emerging markets experienced a period of significant ...
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Melrose comes a cropper as it warns of China currency woes ahead Stock market darling Melrose lost admirers on Tuesday after it lifted the lid on looming China woes in its US fans business. The London listed turnaround conglomerate saw shares plunge the most in three years after it said "adverse" currency hits from China-US exchange rates will bite next year. Nortek ...
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WEB | ||||||
Local currency update coming November 16 for Canada, Japan, and New Zealand They would do this for a multitude of reasons. Firstly, the USD subscription of past, was based on a US market. The exchange rate was handled ...
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