by EFSD | Jun 21, 2021 | Economic News
Although not much of UK households’ wealth is currently held in assets such as Bitcoin, they are becoming more mainstream, said deputy Bank governor Sir Jon Cunliffe. If their value fell sharply, it could have a knock-on effect, he said. The Bank needed to be...
by EFSD | Jun 21, 2021 | Economic News
LONDON — British fintech start-up Revolut saw slower growth in revenues and mounting losses last year as the coronavirus pandemic hit payment volumes, though an increase in the value of cryptocurrencies gave the company a big boost. Revolut generated revenues of...
by EFSD | Jun 21, 2021 | Economic News
LONDON — British fintech start-up Revolut saw slower growth in revenues and mounting losses last year as the coronavirus pandemic hit payment volumes, though an increase in the value of cryptocurrencies gave the company a big boost. Revolut generated revenues of...
by EFSD | Nov 9, 2020 | Economic News
Brent crude futures for January climbed $1.06, or 2.7%, to $40.51 a barrel by 0453 GMT and U.S. West Texas Intermediate crude for December was at $38.21 a barrel, up $1.07, or 2.9%. Oil recovered from a 4% decline on Friday, rising along with other financial markets...
by EFSD | Nov 8, 2020 | Economic News
Predictions on the intensity and impacts of environmental issues on various socio-economic aspects must be highlighted in the draft documents to be submitted to the 13th National Party Congress, said deputy head of the Vietnam Environment Administration (VEA) Nguyen...
by EFSD | Nov 7, 2020 | Economic News
The Malaysian government led by Prime Minister Muhyiddin Yassin will announce its proposed budget for 2021 on Friday.Battling a renewed Covid-19 outbreak, Malaysia needs greater fiscal support for its economy, but political jockeying could derail the government’s...
