MILAN, Fed governor: It is not clear what role the Fed governor will hold when his term ends in January.
The People's Bank of China announced on December 15 that according to the Memorandum of Cooperation between the People's Bank of China and the Monetary Authority of Singapore, the People's Bank of China has decided to authorize DBS Bank Limited to serve as a RMB clearing bank in Singapore. The reporter learned that DBS Bank is the first local bank in Singapore to serve as a RMB clearing bank. The relevant person in charge of DBS Bank said that the approval of the RMB clearing bank qualification ...
The Party Committee of the People's Bank of China held a meeting, and the third point of the meeting notes pointed out: continue to implement moderately loose monetary policy and accelerate the structural reform of the financial supply side.
Hassett, director of the White House National Economic Council, said he "would be more than happy to serve" if President Donald Trump nominated him as chairperson of the Federal Reserve.
The People's Bank of China held a meeting on the coordination mechanism for combating speculation in virtual currency transactions. The meeting required all units to adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the 20th Plenary Session, take risk prevention and control as the eternal theme of financial work, continue to adhere to the prohibitive po...
On November 28, 2025, the People's Bank of China held a meeting on the coordination mechanism for combating speculation in virtual currency transactions. The meeting emphasized that virtual currencies do not have the same legal status as legal tender, do not have legal compensation, should not and cannot be used as currency in the market, and virtual currency-related business activities are illegal financial activities. Stablecoins are a form of virtual currency that cannot currently effectively...
Canada Digital Asset Infrastructure Corporation and QCAD Digital Trust Fund Service StablecorpDigitalCurrenciesInc. ("Stablecorp") today announced that after a multi-year regulatory approval process, QCAD Digital Trust has received the final receipt of a prospectus that complies with Canada's current stablecoin regulatory framework and allows for the issuance of QCAD tokens. This marks QCAD officially becoming the first compliant Canadian dollar stablecoin in Canada.
The U.S. House of Representatives will vote as soon as Tuesday on whether to release the documents of the late wealthy businessperson Epstein's sexual assault investigation. U.S. President Donald Trump, who has been opposed to the release of relevant documents, changed his position on Sunday, saying that House Republicans should vote on whether to release the Epstein case documents, emphasizing that there is nothing to hide. Trump also accused Democrats of deliberately creating discussions on th...
The People's Bank of China: Implement a moderately loose monetary policy and strengthen the implementation and transmission of monetary policy.
Is the US government shutdown expected to end? US consumer confidence has fallen to a three-year low; Trump claims to want to continue meeting with Putin, China's central bank has increased its gold holdings for the 12th consecutive month... What's happening around the world since last Friday?