Nomura’s Rochester sees ‘Shimmer of Light’ for the pound
15 September 2019 | 3:44 pm
Jordan Rochester, a currency strategist at Nomura International, discusses Brexit and the pound on “Bloomberg Surveillance.”
19 May 2019
The Economic Intelligence Unit says businesses in some of sub-Saharan Africa’s largest economies have been forced to close or reduce production over access to hard currency or working capital to keep their import-dependent operations afloat. Benedict Craven, Country Risk Manager at Economic Intelligence Unit joins CNBC Africa for more.
2 Jun 2019
The Treasury Department again refrained from labeling China a currency manipulator, while it expanded the number of countries it scrutinizes for currency manipulation to 21 from 12; Ireland, Italy, Vietnam, Singapore and Malaysia joined the watch list. Greg Sullivan reports on "Bloomberg Daybreak: Australia."
20 Jun 2019
Facebook unveiled plans for a new, global financial system with a broad group of partners from Visa to Uber on board to create a cryptocurrency it expects will one day trade much like the U.S. dollar and inject a new source of revenue.
11 Jul 2019
With official inflation up markedly, Zimbabwe abandons the use of foreign money at home. It is intended to strengthen the local currency and ween the country off the US dollar and the South African Rand.
17 Jul 2019
US lawmakers to question Facebook over digital currency plan
22 Jul 2019
A difficult exchange. CFA France value hit by scarce foreign currency reserves.
10 Aug 2019
The US Treasury has designated China a currency manipulator following the devaluation of the yuan. According to the department, the yuan's steep drop gives China an unfair competitive advantage in international trade.
7 Sep 2019
President Mauricio Macri's government has imposed foreign-exchange controls on Argentine exporters. A week of financial uncertainty has led to a sharp drop in the value of the peso.
7 Sep 2019
Argentina's spiraling peso rallied slightly after the country imposed capital controls. Despite government assurances, long lines formed outside banks with people worried about being able to withdraw their cash.
27 Oct 2019
Facebook's Libra, billed as an alternative to traditional banking, has sparked concerns from central bankers and regulators around the world. The currency has been criticized as a threat to sovereignty and stability.
1 Oct 2019
Asia is bracing for the latest U.S. Treasury report on foreign currency manipulators, coming in the middle of a trade war that shows no sign of ending. The twice-yearly report is due in coming weeks and will likely see the return of Singapore, Malaysia and Vietnam on the watchlist. Nasreen Seria reports on "Bloomberg Markets: Asia."
25 Jun 2020
Nigeria’s President Mohammadu Buhari has expressed displeasure about Francophone West Africa’s adoption of the Eco in replacement for its CFA Franc ahead of other ECOWAS Member States. Buhari says it was a matter of concern that people with whom others wished to go into a union were taking major steps without trusting their counterparts for discussions. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
53 mins ago
Belgium playmaker Eden Hazard has retired from international football at the age of 31. Hazard made his Belgium debut in 2008 at the age of 17, and went on to win 126 caps, scoring 33 goals. Credit: @ujuochulo for The Guardian
56 mins ago
Since at least 2013, the Nigerian Army has run a secret, systematic and illegal abortion programme in the country’s northeast, terminating at least 10,000 pregnancies among women and girls, many of whom had been kidnapped and raped by Islamist militants, according to dozens of witness accounts and documentation reviewed by Reuters.
2 hours ago
China has said it will allow COVID patients with mild symptoms to isolate at home, it has also reduced the scope of lockdowns where cases are noticed and made regional travel easier. This follows widespread protests.
2 hours ago
The Soviet Union collapsed in 1991, giving rise to Russia and 14 independent states. Now it seems Russian President Vladimir Putin no longer respects the sovereignty of those other nations. That’s led to a new patriotism in the ex-Soviet states.
2 hours ago
The M23 rebel group has said in a statement that they are ready to withdraw from occupied areas in eastern Congo. However, this comes amid reports of renewed fighting and as the DRC accuses M23 of killing 272 civilians.
4 hours ago
FIFA President Gianni Infantino heaped praise on the Qatar 2022 World Cup thus far, saying teams from across the world are competitively closer than ever before with all six geographical permanently inhabited continents having representatives in the knockout stages for the first time in history.