Tag Archives: currencies

[ad_1] Editor’s Note: Jake Cline is a writer and editor in Miami whose work has appeared in The Washington Post, The Atlantic and other national outlets. He was a member of the team that won the 2019 Pulitzer Prize in Public Service for the South Florida Sun Sentinel’s coverage of …

[ad_1] London CNN Business  —  The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of England. Charles’ portrait will appear on English notes of £5, £10, £20 and £50. Meanwhile, the rest of the design will remain the same as the current …

[ad_1] Hong Kong CNN Business  —  Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local governments charged with conducting mass testing and enforcing quarantine are running short of cash …

[ad_1] The real estate unit of Indian billionaire Gautam Adani’s Adani Enterprises has won the right to redevelop India’s largest slum, Mumbai’s Dharavi neighborhood, with a 50 billion rupee ($612 million) bid, a state official said on Tuesday. Believed to be the largest slum in Asia, Dharavi is a crowded …

[ad_1] Hong Kong CNN Business  —  China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It was last …

[ad_1] Brisbane, Australia CNN  —  Marion Barter won plaudits for her warmth as an elementary school teacher, but in 1997 the 51-year-old mother-of-two became restless, quit her job, sold her house, and flew from Australia’s beach-lined Gold Coast to start a new life in Europe. Her family never saw her …

[ad_1] Hong Kong CNN Business  —  China’s yuan tumbled to an all-time low on international markets on Tuesday, as investors fled Chinese assets amid fears about Xi Jinping’s shocking move to tighten his grip on power at a major leadership reshuffle. In trading outside of mainland China, the yuan briefly …

[ad_1] Hong Kong CNN Business  —  China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But foreign investors were still spooked and dumped Chinese equities in overseas markets, …

[ad_1] CNN Business  —  Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate, according to the Royal Mint, the official maker of UK coins. “The first coins bearing the effigy of His Majesty King Charles III will enter circulation in line with demand from banks and …

[ad_1] CNN  —  The British pound fell to a new record all-time low against the US dollar of $1.035 on Monday, plummeting more than 4%. The slide came as trading opened in Asia and Australia on Monday, extending a 2.6% dive from Friday — and spurring predictions the pound could …