Here's the latest news and analysis from Bloomberg Economics to help you start the day: British and European officials are increasingly optimistic they
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LONDON, June 23 (Reuters) – The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), saying they are needed to modernise finance and ensure ‘Big Tech’ does not take control of money.
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That led to a jump in IHS Markit’s Flash Composite Purchasing Managers’ Index, seen as a good guide to economic health, to 59.2 from 57.1, its highest reading since June 2006. It was ahead of the 50 mark separating growth from contraction and a Reuters poll …
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Atos saw its market cap decrease by about 1.5B EUR after disclosing accounting irregularities at its US subsidiary. The company mentioned that the
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From Alipay and WeChat Pay to the digital RMB, the past, present, and future of China’s digital payment services. By Edward Lehman and Jed Rothstein …
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