Feb 7, 2012 Many fear that China's RMB is going to overtake the U.S. dollar as the world's most important currency. But some say the U.S. should encourage China to progress with the RMB internationalization.
Dec 27, 2011 After signing similar deals with China and Korea, this third move shows that Japan might be on its way back to prominence.
Dec 26, 2011 China and Japan announce plans to allow businesses to swap currency without dealing in U.S. dollars
Dec 26, 2011 An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.
Dec 14, 2011 The U.S. dollar hits an 11 month high against the euro as questions remain about the ability to solve the debt crisis in Europe.
Dec 14, 2011 The euro has fallen to its weakest point against the dollar in almost a year. This helps American travelers to Europe -- but only if they can afford a vacation.
Nov 29, 2011 Reporter Richard Teitelbaum discusses U.S. Treasury Secretary Henry Paulson and information given in advance to hedge fund managers on Fannie Mae and Freddie Mac interventions.
Nov 18, 2011 Author Jim Rickards discusses how currency wars affect everyday Americans and why intentionally lowering the value of currencies doesn't work.
Nov 18, 2011 I have some money that I would like to place in a certificate of deposit to improve my return. Most of the U.S. banks I've looked at are offering 1.00% or less. However, some international banks -- most notably, Indian banks -- are offering around 9.00%. Is there a reason not to invest my money in an overseas institution when the payback looks so much better? Mark, Portland, OR