London to become Chinese currency hub

Oct 15, 2013
There will now be a direct trading link between the British pound and the Chinese renminbi -- and that could be bad for the dollar.
Posted In: China, Britain, currency

The new $100 bill makes its debut

Oct 8, 2013
Then it starts a journey that will likely take it overseas or underground into a big pile of cash that nobody can find.
Posted In: currency, dollar, $100 bill

India faces worst economic crisis in 20 years

Aug 28, 2013
With the focus on Syria, also keep an eye on an unfolding economic meltdown in one of the world's most important economies: India.
Posted In: India, currency

Indian Rupee hits record low

Aug 16, 2013
A run on India's currency presages trouble in other emerging markets.
Posted In: India, inflation, currency

Bitcoin entrepreneurs barrel ahead despite legal clouds

Jul 3, 2013
A crop of start ups with venture capital backing are trying to make Bitcoin more mainstream and easy to trade.
Posted In: bitcoin, Wall Street, currency

Winklevoss twins plan Bitcoin fund IPO

Jul 2, 2013
The Winklevoss twins are trying to set up a fund that will allow investors to trade Bitcoins as if they were stock.
Posted In: bitcoin, currency, Securities and Exchange Commission

Another market manipulation scandal? Traders said to rig currency exchange rates

Jun 12, 2013
First there was the rigging of the interest rate known as LIBOR. Now there may be collusion on currency exchange rates.
Posted In: currency, LIBOR, United Kingdom

New sanctions on Iran target currency, car industry

Jun 4, 2013
There will be new penalties for financial institutions that deal in Iranian currency, which should cause the rial to devalue further. But new sanctions on the country's car industry could be felt more acutely.
Posted In: Iran, sanctions, currency, rial

Emerging market economies see currency slowdown

Jun 3, 2013
From the Turkish lira to the South African rand, many emerging market currencies are down as U.S. interest rates increase.
Posted In: currency, turkey, emerging markets

Money laundering goes virtual? U.S. accuses Liberty Reserve of moving billions

May 29, 2013
The Feds have accused Liberty Reserve of moving $6 billion for criminals involved in credit card fraud and Ponzi schemes by converting cash to virtual currency.
Posted In: money laundering, currency, Internet