With Sanctions Clock Ticking, Iran Races to Reap Deal Benefits
August 24, 2018

Iran’s Mehrabad International Airport may have seen one of the final benefits of the 2015 nuclear agreement.

As the U.S. prepares to slap new sanctions on the Iranian economy this week after pulling out of the accord, state-run Iran Air Continue reading

Yuan Gains After PBOC Move, Asian Stocks Climb: Markets Wrap
August 21, 2018

The yuan extended gains following a rally triggered by a surprise China central bank move to make it more expensive to bet against the currency. Asian stocks advanced Monday as the earnings seasons rolls on.

The offshore yuan built on Continue reading

Argentina Names New Central Bank Chief as Peso’s Plummet Worsens
July 11, 2018

Argentina’s central bank is getting a new chief after the monetary authority failed to stop the peso’s plunge despite obtaining the biggest loan in the history of the International Monetary Fund.

Luis Caputo, previously the finance minister, will take over Continue reading

Erdogan Election Triumph Takes Turkey Into Era of One-Man Rule
July 5, 2018

Recep Tayyip Erdogan, modern Turkey’s longest-serving ruler, won a mandate to govern with sweeping new powers after a double victory in presidential and parliamentary elections.

Erdogan had 53 percent of the presidential vote to 31 percent for his closest challenger, Continue reading

Asian Stocks Drop With U.S. Futures; Lira Climbs: Markets Wrap
July 5, 2018

Asian stocks fell with U.S. equity-index futures and the yen advanced as investors assessed prospects for continuing trade tensions between U.S. and China. Turkey’s lira climbed after Recep Tayyip Erdogan claimed victory in the weekend’s election.

Japanese stocks turned lower Continue reading

Bitcoin’s Plunge in Volume Stirs Questions About Its Usage
March 13, 2018

Earlier this year, when Bitcoin’s price fell by more than 60 percent from its record close, a less-noticed Bitcoin figure also plunged: the number of daily transactions.

There are many explanations for the fall-off in trading, from software- to news-related. Continue reading