HONG KONG, June 18 (Reuters) – Hong Kong’s legislature on Thursday vetoed a China-vetted electoral reform package criticized by opposition pro-democracy lawmakers and activists as undemocratic, easing for now the prospect of fresh mass protests in the financial hub.
OSLO, June 18 (Reuters) – Norway will increase the counter-cyclical buffer it imposes on banks to 1.5 percent from mid-2016 on the advice of the central bank, the finance ministry said on Thursday.
Elliptic, a bitcoin analytics and storage startup based in London, thinks it’s just made a huge breakthrough that could make banks way more interested in bitcoin. The company has created a sophisticated bit of software that it claims can identify where a bitcoin has come from. That’s a big deal for banks, who have a legal obligation to find out where the money they hold is coming from to ensure they’re not holding proceeds of crime…
BERNE, June 18 (Reuters) – The Swiss National Bank expects negative interest rates to lower the value of Switzerland’s currency, Chairman Thomas Jordan said at the central bank’s rate-setting session on Thursday.
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