Digital currency crossword

Sections SEARCH Skip to content Skip to site index Business Log In Log In Today’s Paper Business | China’s Currency Weakens in a Potential Challenge to Trump Advertisement Supported by ByAlexandra Stevenson Aug 4, 2019 BEIJING — China’s currency weakened past the psychologically important point of 7 to the American dollar, a move that reflects the growing severity of the trade war with the United States and that could indicate Beijing’s growing desire to find ways to retaliate against President Trump. The renminbi traded in mainland China on Monday morning at roughly 7.02 to the dollar, compared with about 6.88 late on Friday. A higher number represents a weaker currency. Monday’s move by itself will not change China’s trade relations with the United States. But the shift past 7 renminbi to the dollar could represent a new stage in the economic conflict between the two … [Read more...] about China’s Currency Weakens in a Potential Challenge to Trump

Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | S.E.C. Sues Social-Media Company Kik Over Digital Coin Offering Advertisement Supported by ByMatthew Goldstein June 4, 2019 After the social-media start-up Kik Interactive sold $100 million worth of digital “coins” in 2017, the Canadian company argued that it didn’t need the permission of federal securities regulators. On Tuesday, those regulators begged to differ. The Securities and Exchange Commission sued Kik in federal court in Manhattan, claiming that its sale of a digital currency — in the form of a digital token it called Kin — to investors was unlawful because it had not been registered with the government. The court battle could help determine the S.E.C.’s authority to regulate aspects of the cryptocurrency industry, which has expanded far beyond the … [Read more...] about S.E.C. Sues Social-Media Company Kik Over Digital Coin Offering

Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Turkey’s Currency Falls, Then Rises, in Day of Volatility Advertisement Supported by ByMichael J. de la Merced March 28, 2019 LONDON — Turkey’s lira whipsawed in value again on Thursday, as the disclosure of a sudden drop in the central bank’s foreign reserves sparked fears among investors about the country’s economic stewardship. The ailing economy is expected to be a primary concern among voters in local elections on Sunday. The lira dropped as much as 5 percent against the United States dollar on Thursday before recovering to close up 2.4 percent, at 5.541 to the dollar. But investors appeared to be worried about apparent efforts by the Central Bank of Turkey to shore up the lira’s value. Data released by the central bank on Thursday showed that its foreign … [Read more...] about Turkey’s Currency Falls, Then Rises, in Day of Volatility

Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | U.S. and China Near Currency Deal, but Provisions May Not Be New Advertisement Supported by ByKeith Bradsher March 10, 2019 BEIJING — A pending trade agreement between the United States and China could put few restrictions on Beijing’s control over the strength of its currency, potentially inflaming trade hawks in Congress and within the Trump administration itself. China’s control over the value of its currency has long been a major point of conflict between Beijing and the West, though the issue has faded in prominence in recent years. Lawmakers and officials in other countries have contended that Beijing has unfairly weakened China’s currency, the renminbi, compared with the American dollar and other currencies, giving Chinese companies and factories an advantage when … [Read more...] about U.S. and China Near Currency Deal, but Provisions May Not Be New

Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Currency Provisions in U.S.-China Trade Pact May Not Be New Advertisement Supported by ByKeith Bradsher March 10, 2019 BEIJING — A pending trade agreement between the United States and China could put few restrictions on Beijing’s control over the strength of its currency, potentially inflaming trade hawks in Congress and within the Trump administration itself. China’s control over the value of its currency has long been a major point of conflict between Beijing and the West, though the issue has faded in prominence in recent years. Lawmakers and officials in other countries have contended that Beijing has unfairly weakened China’s currency, the renminbi, compared with the American dollar and other currencies, giving Chinese companies and factories an advantage when selling … [Read more...] about Currency Provisions in U.S.-China Trade Pact May Not Be New