Economy

Should China float the Yuan?

China’s decision to double the trading band of its currency has revived talk of it becoming a potential alternative to the U.S. dollar as reserve currency. However, the move will have little meaning for investors in the near term.

By Vikram Barhat |June 26, 2012

3 min read

Oil isn’t going anywhere: Tal

Global leaders brought green energy to the table in a big way last week. But Benjamin Tal, Deputy Chief, Economy Services, doubts the leaders’ conversations will have any real-world impact.

By Martha Porado |June 26, 2012

1 min read

Will a banking union save the Eurozone?

European leaders should create a banking union to save the Eurozone, says Financial Times’ Jean Pisani-Ferry.

By Staff |June 25, 2012

1 min read

Canada’s Big Six outpace major U.S. banks

The "Too Big To Fail" theory for America’s largest banks was quashed during the 2008 meltdown, and reformers today claim the Big Five continue to be too big to manage.

By Staff |June 23, 2012

1 min read