Financial News

Since the economic meltdown that began in 2007, the term Quantitative Easing has entered the vocabulary of economists, analysts and traders. This monetary tool of central banks is a fancy way of saying,... Read More »

In what many see as a planned tactical move in a long-term strategy, the central bank recently proposed—again—to overhaul the global financial system with a brand new international currency. Gov. Zhou Xiaochuan, Beijing’s... Read More »

For much of Q3 and Q4 of last year the markets were whipsawed continuously by the on again, off again rumors about a Fed rate increase. Finally, when the Federal Open Market Committee... Read More »

Late in January the Bank of Japan caught the financial world by surprise by announcing the adoption of a negative interest rate 1. While this central banking strategy has been in use in... Read More »

China’s financial institutions are just reopening after a traditional week off for celebrating the New Year. However, Chinese officials have been watching the global markets closely during this period, and observers are anxious... Read More »

It was recently announced that the Chinese-owned Chongqing Casin Enterprise Group purchased1 the Chicago Stock Exchange (CHX), a more than century-old Chicago institution. Industry players point out the exchange is actually a small... Read More »