How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
Gold price struggling even as U.S. existing home sales drop 3.6% in March – KITCO
Gold price struggling even as U.S. existing home sales drop 3.6% in March KITCOTrying to Make Sense of the…
China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
FOMC minutes show a Fed worried about the impacts of Iran and viewing a rate hike as likely as a cut as risks become increasingly two-sided – KITCO
FOMC minutes show a Fed worried about the impacts of Iran and viewing a rate hike as likely…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
Gold slides as hawkish Fed and strong US dollar override geopolitical fears
Gold prices have continued to weaken despite escalating tensions in the US-Israel conflict with Iran, breaking from the…
Stocks edge higher, bonds under pressure as Iran war spurs hawkish rate rethink
LONDON/SINGAPORE, March 20 (Reuters) – Global shares and the dollar nudged higher on Friday but were set for…
How China opened the door to creating a direct rival to US payment systems
China’s recent changes to the rules governing its global payment system could pave the way for turning it…
Gold prices jump as the U.S. economy loses 92k jobs
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
Can China’s roaring trade engine power the yuan’s challenge to the US dollar?
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political…
Despite consolidating below $5,200, gold still has a path to $6,000, says Bank of America – KITCO
Despite consolidating below $5,200, gold still has a path to $6,000, says Bank of America KITCOGoldman Sachs revamps gold…