Currencies News

Yen Declines as Investors Seek Riskier Assets; Euro Rallies

The yen fell against all of its 16 major peers as investors sought riskier assets and concern mounted that inflation will fall short of the Bank of Japan’s 2 percent goal, spurring more monetary easing.

Baidu Stops Accepting Bitcoins After China Ban, Causing Drop

2:59 am ET

Baidu Inc., China’s biggest search engine, stopped accepting Bitcoins after the nation’s central bank barred financial institutions from handling transactions, triggering a drop in the virtual currency.

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