Archive for the January 1, 2017
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US bank Citi has invested in blockchain venture Cobalt DL ahead of what the company expects will be a second round of funding next year, Cobalt said on Thursday. Citi's support is the latest step
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Speculators raised net long bets on the US dollar to $24.17 billion this week, increasing their positions from $22.45 billion last week, according to data from the Commodity Futures Trading Commission and calculations by Reuters.
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A South Korean government official in charge of foreign exchange markets cautioned traders against pushing the won too low, highlighting the government's concerns about any excessive fall in a thinned out currency market ahead of
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Nigeria's central bank sold about $1 billion on the forward market last week to clear a backlog of dollar obligations in selected sectors, traders said on Thursday, its largest special auction since a currency peg
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Central Europe's economic growth is expected to strengthen its currencies next year, led by the zloty and the Czech crown, after they reached multi-month lows in November, according to a November 28-December 1 Reuters poll
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Donald Trump is promising more US government spending. The coming year will also most likely see tightening Federal Reserve policy, too. That contrasts with continued weak growth and loose monetary conditions in the euro zone
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Former women's tennis world number one Ana Ivanovic admitted Saturday she retired this week because she felt both physically and mentally unfit to carry on after years of battling injuries. The 29-year-old Serbian - whose
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Chelsea were given a stiff examination by Stoke City at Stamford Bridge on Saturday before extending their lead at the top of the Premier League to nine points ahead of the late game between Liverpool
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Pakistan cricket chiefs have said they will sue India for failing to honour a 2014 deal to play a bilateral Test series. The Pakistan Cricket Board and the Board of Control for Cricket in India
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ZTBL and Pebble Breakers fashioned thrilling victories to qualify for the Suzuki Vitara Polo Cup 2016 main final here at the Lahore Polo Club (LPC) ground on Friday. In the first match of the day
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