Currency

The Chinese yuan's unwind is just getting started

The Chinese yuan's unwind is just getting started

1 hour ago   |   Business Insider

AP/Kin Cheung The Chinese yuan has been smoked over the past four months, losing 8% in onshore and offshore trade. Its decline has had a meaningful and lasting impact on Asia...
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Trump breaks longstanding precedent of American presidents not commenting on the Fed, says he isn't 'thrilled' about rate hikes

Trump breaks longstanding precedent of American presidents not commenting on the Fed, says he isn't 'thrilled' about rate hikes

18 hours ago   |   Business Insider   |   4 articles

Jae C. Hong/AP Images The US dollar index slipped on Thursday after President Donald Trump said he isn't "thrilled" with the Federal Reserve raising interest rates. The comment...
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Some of bitcoin's biggest traders are teaming up to lure Wall Street money to crypto

Some of bitcoin's biggest traders are teaming up to lure Wall Street money to crypto

22 hours ago   |   Business Insider

Carl Court / Getty Images TrueDigital has teamed up with some of the largest crypto firms to launched two crypto price indices for bitcoin and ether, the company announced...
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The Chinese yuan's slide is concerning but not systemic

The Chinese yuan's slide is concerning but not systemic

1 day ago   |   Business Insider

Thomson Reuters The yuan has plunged 5% versus the dollar over the past three weeks. This has drawn comparisons to 2015 when China let its currency fall sharply, roiling global...
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China's currency hits its lowest level in more than a year

China's currency hits its lowest level in more than a year

1 day ago   |   Business Insider

Jason Lee/Reuters The Chinese yuan fell to its lowest level versus the greenback in more than a year Wednesday. The depreciation comes amid a dollar rally and trade tensions...
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Bitcoin may be down 45% this year, but money is pouring into one crypto fund manager at the fastest clip in its history

Bitcoin may be down 45% this year, but money is pouring into one crypto fund manager at the fastest clip in its history

2 days ago   |   Business Insider

REUTERS/Lucas Jackson Grayscale Investments put out its first Digital Asset Investment report, showing record-breaking stats for its business. The firm raised $250 million in...
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Bitcoin's mad 10% spike could have been a short squeeze

Bitcoin's mad 10% spike could have been a short squeeze

2 days ago   |   Business Insider

Cameron Spencer/Getty Images Bitcoin jumped around 10% in a 20 minute period on Tuesday, with no obvious news spurring the price rise. Market analysts say new money coming into...
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What it's like inside North Korea's controversial restaurant chain

3 days ago   |   Business Insider

Over 100 Pyongyang restaurants are spread throughout Asia, all owned and operated by the North Korean government as a way to generate foreign currency. Female citizens are sent...
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Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform

Hong Kong and banks including HSBC and Standard Chartered are launching a blockchain-based trade finance platform

3 days ago   |   Business Insider

REUTERS/Bobby Yip Hong Kong's banking regulator and seven banks, including HSBC and Standard Chartered, will jointly launch a trade finance platform in September. The sector is...
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Ugandan tourism evokes interest in Russia during World Cup

Ugandan tourism evokes interest in Russia during World Cup

3 days ago   |   Travel and Tourworld

For starters, Russia has endured a bit of isolation from the West and the just concluded World Cup football was their perfect opportunity to market their nation, especially in...
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Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

Markets drop after Trump said he's 'ready to go' on tariffs for $500 billion...

Markets drop after Trump said he's 'ready to go' on tariffs for $500 billion of Chinese goods

Grigory Dukor/Reuters Trump said he is willing to escalate the current tariffs on China from $34 billion to $500 billion. Markets around the world dropped after the... Read more ...

World Travel Awards declares Hilton Budapest Hungary's leading hotel

World Travel Awards declares Hilton Budapest Hungary's leading hotel

The five-star Hilton Budapest has been named ‘Hungary's Leading Hotel' at the World Travel Awards Europe 2018. The 25th edition of the awards witnessed Hilton properties... Read more ...

Southwest Airlines introduces new international cargo services

Southwest Airlines introduces new international cargo services

Southwest Airlines, U.S. based low cost airline comaphas introduced its Houston-Mexico City route - marking the debut of the carrier's international shipping programme - with... Read more ...

Nashville's Craft Cocktail Scene Is Thriving. Here's Where to Savor the...

Nashville's Craft Cocktail Scene Is Thriving. Here's Where to Savor the City's Top Sips

The days of throwing back PBRs on Broadway are over. As Nashville's star continues to shine, its cocktail scene only gets brighter with the passing years. Whether known for... Read more ...

Trump says he'll be the 'worst enemy' Putin's ever had if their talks don't...

Trump says he'll be the 'worst enemy' Putin's ever had if their talks don't work out

Justin Sullivan/Getty Images President Donald Trump distanced himself from allegations that he was cozying up to Russia. Trump said if Russian President Vladimir Putin crossed... Read more ...

5 screen-free travel toys that keep my 4-year-old kid calm and content on...

5 screen-free travel toys that keep my 4-year-old kid calm and content on long car trips and flights

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. A good... Read more ...

How crowdsourcing is helping to improve the troublesome last mile of...

How crowdsourcing is helping to improve the troublesome last mile of e-commerce delivery

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider... Read more ...

Nation's intelligence chief explains public rebuke of Trump, says he was...

Nation's intelligence chief explains public rebuke of Trump, says he was just doing his job

Aaron Bernstein/Reuters Director of National Intelligence Dan Coats described Russian interference in American elections as "undeniable" during an interview with Andrea... Read more ...

Stocks fall amid US trade escalations with EU, China

Stocks fall amid US trade escalations with EU, China

Mike Segar/Reuters Stocks fell Thursday after weaker-than-expected earnings and as trade tensions escalated on multiple fronts. Treasury yields and the dollar slipped after... Read more ...

Facebook CEO Mark Zuckerberg reportedly called Trump to congratulate him...

Facebook CEO Mark Zuckerberg reportedly called Trump to congratulate him after the 2016 election

Chip Somodevilla/Getty Images Mark Zuckerberg called Donald Trump to congratulate him on his shock 2016 election victory. That's according to a new report from BuzzFeed News... Read more ...