Currency

After signing similar deals with China and Korea, this third move shows that Japan might be on its way back to prominence.

China and Japan announce plans to allow businesses to swap currency without dealing in U.S. dollars

An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.

The U.S. dollar hits an 11 month high against the euro as questions remain about the ability to solve the debt crisis in Europe.

The euro has fallen to its weakest point against the dollar in almost a year. This helps American travelers to Europe -- but only if they can afford a vacation.

Author Jim Rickards discusses how currency wars affect everyday Americans and why intentionally lowering the value of currencies doesn't work.

I have some money that I would like to place in a certificate of deposit to improve my return. Most of the U.S. banks I've looked at are offering 1.00% or less. However, some international banks -- most notably, Indian banks -- are offering around 9.00%. Is there a reason not to invest my money in an overseas institution when the payback looks so much better? Mark, Portland, OR

If you happened to keep an eye on the currency markets, you may have noticed that it's been a banner week for China's renminbi. The Chinese...

Here are the latest headlines from the Marketplace Morning Report and around the web. ...

China announced a 10.3 percent GDP growth in December today. That's three times faster than GDP growth in the U.S., leading economists to believe...