May 7, 2015

Ruble conquering east Ukraine

As a wobbly cease-fire keeps eastern Ukraine’s warring factions apart, Russia’s ruble is conquering new territory across the breakaway republics. In Donetsk, the conflict zone’s biggest city, supermarkets have opened ruble-only checkout counters to serve the fighters in camouflage lining up along pensioners. Bus ...

May 5, 2015

South Korea fires warning shot at Japan over won-yen rate

South Korea’s top currency official has fired a warning at Japan: his nation has stepped up scrutiny of the yen’s tumble against the won after damage to exporter earnings. “Korean companies face bigger difficulties this year than last,” said Song In-chang, the South Korean ...

Apr 29, 2015

Putin says Russia over worst of economic downturn

Russian President Vladimir Putin says his country’s economy has weathered the worst of its downturn even though it appears headed for a deep recession. In comments reported Tuesday by state news agency RIA Novosti, Putin said the economy had stabilized after a dramatic drop ...

Canadian 'Trekkies' take to 'Spocking' their $5 bills

Mar 4, 2015

Canadian 'Trekkies' take to 'Spocking' their $5 bills

The death of actor Leonard Nimoy last week has inspired people to post photos on social media of marked-up 5-dollar Canadian bank notes that show former Prime Minister Wilfrid Laurier transformed to resemble Spock, Nimoy’s famous “Star Trek” character. For years, Canadians have been ...

Feb 25, 2015

Islamic State using bitcoin, officials suspect

Islamic State is likely using the bitcoin virtual online currency as a tool to secretly raise funds and settle transactions, a diplomatic source said Tuesday, quoting officials in the U.S.-led coalition against the group. Members of the coalition worry that the use of bitcoin, ...