Japanese regulators announced a tightening of regulation of crypto instruments in an attempt to prevent new problems after Coincheck exchange was hacked in January of this year. In order to protect investors and reduce the risks of large-scale hacker attacks, the Financial Services Agency of Japan...

A stress test conducted by the European Central Bank on the banks of Greece has revealed that in the case of an adverse economic scenario, around 15.5 billion euros ($18.6 billion) of the capital holding or 9 percentage points of total capital of the four biggest banks of Greece would be lost by...

New U.S. federal data made public Friday claimed that the economy of the United Kingdom was surpassed to become the fifth largest economy in the world by the economy of the state of California in the U.S.   The data said that compared to 2016, $127 billion was added opt the gross domestic...

Businesses across Japan are hit every year during springtime because of widespread bouts of hay fever even though this is also the seasons when there is blooming of the famous cherry flowers throughout the country as well.   The Dai-Ichi Life Research Institute, a research firm in situated...

In a surprising move, the urate of interest was raised by the central bank of Argentina thrice within a span of just eight days even as the currency of the country – peso, continued opt register a sharp downward journey.    About the week ago, the rate of interest in the country was...

The European Commission presented the draft budget of the EU for 2021-2027. Germany will pay more, and Poland and Hungary can be punished with a reduction in payments. The fight for finance promises to be tough. The negotiations on the so-called "long-term financial planning" in the European Union...

The manufacturer of electric vehicles Tesla reported a record quarterly loss. It amounted to 710 million dollars in the first quarter of 2018. The company has been reporting a loss for the fifth consecutive quarter, writes Fortune. Sales for the reporting period amounted to 3.4 billion dollars....

On Wednesday, the Federal Reserve slightly changed the tone of their statements. The regulator believes that accelerating inflation no longer requires a fast increase in the rate. The Federal Reserve System (FRS) of the United States, following the May 1-2 meeting, decided to keep the interest rate...

In 2015, Tim Cook stated that the next generation of children "will not know what money is." It was at a meeting with students at Trinity College, Dublin, and, obviously, the CEO of Apple meant not all money but exclusively cash. Of course, the rumors about the death of cash are greatly...