Stuff that matters
European Central Bank (ECB) chief economist Philip Lane revealed in a private meeting with German economists that the ECB expects to hit its 2% inflation goal by 2025, the Financial Times said on Thursday in a report that was partly Read more
Falls in Chinese property stocks pushed Asian shares down for a fourth day on Thursday, reversing initial gains, while the dollar was in the doldrums floating within its recent range. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was Read more
AMC Entertainment Holdings Inc (AMC.N) boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has Read more
El Salvador’s Court of Accounts, which oversees its public resources, will investigate a complaint about the government’s bitcoin purchases and the construction of kiosks for cryptocurrency ATMs, according to a document seen by Reuters. El Salvador this month became the Read more
More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial Read more
The editor-in-chief of state-backed Chinese newspaper Global Times warned debt-ridden property giant Evergrande Group that it should not bet on a government bailout on the assumption that it is “too big to fail”. It was the first commentary to appear Read more
Other data is expected to show nationwide core consumer prices were flat in August compared with the same month a year earlier as rising costs for energy and overnight stays offset lower mobile phone fees, analysts said. The Bank of Read more