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BEIJING (China Daily/ANN): Digital currency, especially that issued by central banks, is poised to challenge existing payment methods by offering faster and more convenient ways to settle transactions.
LONDON (Reuters) - The Nicolas Maduro-backed Venezuelan central bank launched a landmark appeal in London on Tuesday over $1 billion (£785.21 billion) of gold reserves held in the Bank of England's underground vaults.
LAOS, Sept 4 (Vientianne Times/ANN) - Chifeng Gold’s Lane Xang Minerals Ltd (LXML) Sepon Mine has resumed the processing of primary gold ore after seven years of suspension, amid rising gold price.
BEIRUT (Reuters) - Three weeks after the catastrophic explosion at Beirut port, Lebanon is drifting towards even more trouble as its politicians fail to agree a new government that can arrest a financial meltdown.
BEIJING: China's foreign exchange reserves rose more than expected in July as the dollar weakened and the yuan firmed as the world's second-largest economy showed further signs of recovery.
A global trend toward “de-dollarisation” has already begun. The last piece of “load-bearing wall” of the “US Empire State Building” has cracked, in other words
PHNOM PENH, July 25 (The Phnom Penh Post/ANN): Prime Minister Hun Sen has rebuffed claims that the government had used the 36.5 tonnes of gold Cambodia has retained as foreign exchange reserves to pay for its ongoing fight against Covid-19.
LONDON (Reuters) - Britain has recognised Venezuelan opposition leader Juan Guaido as the country's president, the English High Court ruled on Thursday, in a case over whether Guaido or Nicolas Maduro should control $1 billion of its gold stored in London.
LONDON/CARACAS (Reuters) - In the vaults beneath the Bank of England, where foreign nations stash parts of their vast gold reserves, lie 1.7 billion euros ($1.9 billion) of disputed gold bars. Two parties claim access to them.
China exports in May fall 3.3% year-on-year; imports shrink 16.7% but Forex reserves rise to US$3.102 trillion
BEIJING: China's exports in May fell a less-than-expected 3.3% compared with a year earlier, but imports plunged 16.7%, customs data showed on Sunday (June 7).