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China and South Korea strengthen financial links with $49 billion swap deal

China and South Korea strengthen financial links with $49 billion swap deal

China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / 400 billion yuan) as they seek to strengthen their economic relationship. Th...

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1 min
ECB’s Digital Euro: Potential Symbol of Trust and Unity for EU Payments

ECB’s Digital Euro: Potential Symbol of Trust and Unity for EU Payments

The digital euro, as described by ECB President Christine Lagarde, serves as a symbol of trust and unity for Europe, promoting financial independence and seamless payments across the EU. It...

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1 min
ECB President Christine Lagarde calls the digital euro a symbol of unity and trust

ECB President Christine Lagarde calls the digital euro a symbol of unity and trust

European Central Bank (ECB ) President Christine Lagarde has described the digital euro as “a symbol of trust and unity” for Europe. She used this sentiment to convey that the soon-to-be-launched cent...

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1 min