Written by As Facebook starts to host all sorts of commerce — and is now mandating the use of its currency — perhaps it’s time to stop thinking of it as a company and start thinking of it as a country. READ MORE »
Posts tagged central bank
Treasury 30-Year Yield Near Week Low as Buyers Seek Longer Debt
Treasury 30-year yields were near the lowest level in a week as investors sought longer maturities because they offer more yield than shorter ones. READ MORE »
Irish debt woes overshadow recovery agenda
ANALYSIS: There was surprise in Seoul that little Ireland could hijack a summit of such powerful states, writes CLIFFORD COONAN READ MORE »
FOREX-Euro nears 4-year low as China reviews holdings
* China reviewing euro zone debt holdings — FT
* Euro sentiment negative; contagion risk remains in focus
* U.S. durable goods orders, new home sales rise in April (Updates prices, adds comment) READ MORE »
Yen Is Near Highest Since 2001 Against Euro on Slowing Growth
The yen traded near the strongest level in more than eight years against the euro as signs economies in the U.S. and China are slowing boosted demand for safer assets. READ MORE »