China plans to issue its own crytocurrency as early as November 11, the country's busiest shopping day for online sales, US financial magazine Forbes said, citing two sources familiar with the matter. The People's Bank

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The Canadian dollar weakened against its US counterpart on Friday, giving up gains it made after data showing stronger-than-expected GDP growth for the second quarter, as oil prices fell and the greenback broadly rallied. At

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Speculators cut their net long dollar position in the latest week to the lowest level since June 2018, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value

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Prime Minister Boris Johnson's most audacious bid yet to take Britain out of the European Union on October 31 with or without a deal on their future relations is not panicking money managers yet. Some

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The euro fell below $1.10 on Friday to its weakest since May 2017 as a multi-day downward shift in the single currency intensified in afternoon trade. Traders had varied explanations for the drop, including that

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Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to help fund greater defence spending from 2022. The Social Democrats and Greens said on Friday they had

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Ukraine's president on Saturday slammed the controversial Nord Stream 2 pipeline set to send Russian gas to Germany as a "threat" to Europe and welcomed moves by Kiev to tap into US gas supplies. Volodymyr

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Saudi Arabia created a new ministry for industry and mineral resources, separating it from the kingdom's colossal energy ministry, and replaced the powerful head of the royal court, in a series of royal orders issued

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Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world's

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Argentina's battered bonds and currency were driven still lower on Friday amid downgrades by three credit rating agencies and a new measure the central bank said was designed to "avoid any lack of money" and

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