If you are wondering which currency, other than the U.S. dollar, to hold at the start of a new year, past trades show you’ll be better off with euros. Using data analytics platform Kensho, CNBC looked at the average return when holding sterling, euros and the yen against the dollar at the start of a […]
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It took a social media post for the Philippine central bank to realize its mistake of circulating a bunch of defective, “faceless” banknotes. The 100-Philippine peso notes ($2) were missing the portrait of former president Manuel Roxas. Two words were also omitted from the country’s official name, according to a report by the AFP. The […]
Read moreCurrency, United States Finance
ISIS isn't done yet: Terror attacks against the West will likely increase in 2018
The “caliphate” may be in ruins, but that doesn’t mean ISIS is gone forever. Terror attacks are likely to increase in 2018, as the destruction of the Islamic State’s physical stronghold in Iraq and Syria will strengthen its will to strike out abroad, experts say. “ISIS will want to show that they are still in […]
Read moreChina says it’s on a mission to curb high levels of borrowing in its economy — and it even aims to cut money supply next year. But people who watch the country closely aren’t sure that will happen. Experts question whether the world’s second-biggest economy can kick its addiction to debt-fueled growth. While Beijing may […]
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