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Europe takes another step toward introducing digital euro

The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would complement cash, taking a cautious step toward introd...

Prince Philip honored on special British 5-pound coin

LONDON (AP) — Britain's Treasury has unveiled a new special edition coin to commemorate the life of Prince Philip, who died in April at the age of 99. The Treasury said Saturday that...

Baby bottle craze sweeps Gulf Arab states, sparks backlash

DUBAI, United Arab Emirates (AP) — Cafes across several Gulf Arab states started selling coffee and other cold drinks in baby bottles this month, kicking off a new trend that has elicited excitement, ...

Yushan view from weather station arouses envy in Taiwanese netizens

TAIPEI (Taiwan News) — The photo of a window view against the backdrop of Yushan (玉山), the highest mountain of Taiwan, has wowed netizens who expressed awe at the spectacular landscape. On Fr...

Taiwan banks offer new bills for Lunar New Year

TAIPEI (Taiwan News) — For Taiwanese wanting to put new banknotes in red envelopes for the upcoming Lunar New Year holiday, the country's state-owned financial institutions will provide a ba...

Syria floats new bank note amid soaring inflation

DAMASCUS, Syria (AP) — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. ...

Man fined NT$135,000 for tearing up banknotes at Taipei hotel

TAIPEI (Taiwan News) — A man surnamed Chiu (邱) has been sentenced by the Taipei District Court to pay a fine of NT$135,000 (US$4,724) for tearing up banknotes worth NT$126,000. According to c...

Taiwan, Czech Republic businesses plan mutual visits in spring 2021

Companies from both the Czech Republic and Taiwan are planning to conduct more mutual visits next spring to explore business opportunities in each other's country, following satisfying results fro...

Filthy lucre: Paper money shunned for fear of virus spread

NEW YORK (AP) — In a world suffering a pandemic, cash is no longer king. A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical c...

Artist JMW Turner replaces Adam Smith on new UK banknote

LONDON (AP) — Britain's new 20-pound (about $29) note went into circulation Thursday — one that replaces the image of a pioneering economist with a battered warship being towed away for scrap. ...

Taiwan banks to offer fresh cash for Lunar New Year on Jan. 16

TAIPEI (Taiwan News) — As many Taiwanese prepare to stuff red envelopes with crisp, new Taiwan dollar bills on Lunar New Year, Taiwan's central bank announced on Tuesday (Jan. 7) that a bank...

New ECB boss Lagarde adds her signature to euro banknotes

FRANKFURT, Germany (AP) — The new president of the European Central Bank has added her signature to euro banknotes, which she describes as “the most tangible symbol of European integration.” ...

Codebreaker Alan Turing to be face of new British banknote

LONDON (AP) — The Bank of England has chosen codebreaker and computing pioneer Alan Turing as the face of the country's new 50 pound note. Governor Mark Carney said Monday that Turin...

Taiwan Central Bank earns NT$60 million from special serial No. banknote auctions

TAIPEI (Taiwan News) – The Central Bank of Taiwan has raked in nearly NT$60 million (US$19.2 million) for the government coffers over the past eight years through an unusual moneymaking method &...

Japan unveils new banknotes ahead of Reiwa Imperial Era

TAIPEI (Taiwan News) -- Shortly after Japan announced the title of its new imperial era as “Reiwa” (令和), the Bank of Japan has unveiled three new currency notes to mark the occasion with t...