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India

Tom Wilson

Analysis: Is PayPal's crypto move a game-changer for bitcoin? Probably not, say experts

23 Oct 2020

LONDON PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.

PayPal to open up network to cryptocurrencies

21 Oct 2020

LONDON PayPal Holdings Inc said on Wednesday it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network. | Video

GLOBAL MARKETS-Stocks fall as investors focus on U.S. stimulus

21 Oct 2020

LONDON, Oct 21 Stocks fell and bonds staunched a sell-off on Wednesday as investors looked for an agreement on a U.S. coronavirus stimulus package, while the dollar fell to its lowest in six weeks.

GLOBAL MARKETS-Stocks and bonds yields climb as investors eye U.S. stimulus

21 Oct 2020

LONDON, Oct 21 Global stocks and bond yields rose on Wednesday as Washington moved closer to agreeing a coronavirus stimulus package, pinning the dollar at its lowest for a month.

Central bank digital cash could raise pressure for 'currency substitution': IMF

19 Oct 2020

LONDON Central bank digital cash could see foreign currencies displace domestic money in national economies, with adoption of the tech also potentially boosting illicit capital flows without proper safeguards, the International Monetary Fund said on Monday.

Facebook's Libra cryptocurrency taps ex-HSBC exec as CFO of payments unit

15 Oct 2020

LONDON Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.

GLOBAL MARKETS-World stocks pause in rally, USD bounces from 3-week low

13 Oct 2020

NEW YORK/LONDON, Oct 13 The U.S. dollar rebounded from a three-week low on Tuesday while equity markets in Europe and the United States eased, as investors took stock of recent rallies before chasing further gains.

GLOBAL MARKETS-Shares struggle as coronavirus overshadows China data

13 Oct 2020

LONDON, Oct 13 European shares struggled on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low.

GLOBAL MARKETS-Shares slip as coronavirus worries overshadow positive China data

13 Oct 2020

LONDON, Oct 13 European shares fell on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low.

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