Central banks must face challenge of virtual currencies: IMF official
Bitcoin and other virtual currencies were created after the financial crisis, when some people were dissatisfied with central banks’ crisis management and monetary policies
View ArticleIMF sees mid-term benefits from India’s 2016 currency ban
The Fund believes the pain caused by the demonetization of high-value currency in November 2016 is wearing off
View ArticleChina’s watchdog gets its teeth into banking ‘bad boys’
The Regulatory Commission uncovered nearly 60,000 cases of fraud last year involving a staggering $2.72 trillion
View ArticleChina walks a tightrope when it comes to financial sector
Beijing has rolled out a raft of policies to curb debt and check 'shadow banking' while promising to open up further to foreign financial firms
View ArticleJapan’s ‘Me Too’ moment: It’s the economy, stupid
Japan's mild 'Me Too' movement says as much about the state of the economy as the state of society; Tokyo ranks behind Saudi Arabia for the number of women in politics and less than 4% of listed...
View ArticleLooming ‘debt risks’ threaten Belt and Road countries
A report by the Center for Global Development in Washington warns of the pitfalls ahead
View ArticleIMF calls for crypto crackdown by fighting ‘fire with fire’
Christine Lagarde says governments can also use the technologies that drive crypto-currencies but to mitigate 'peril' and prevent illegal activities
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