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Bitcoin on keyboard

Bitcoin pushes pass $8,000 for the first time

Bitcoin moved beyond $8,000 for the first time on Friday on news that a software upgrade, SegWit2x hard fork, will deliver Bitcoin owners a new cryptocurrency.

Claire Hunte
Men building a house on the New Jersey shore

US housing starts rose in October

US housing starts rose last month to the highest level in a year, a sign home builders are getting back on track after hurricane activity weighed on residential construction in September.

Claire Hunte
Gold bitcoin fork closeup

Fork talk lifts bitcoin to all-time high near $8,000

Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

Claire Hunte
The People's Bank of China headquarters in Beijing

China's sweeping new rules to regulate $15 trillion asset management products

China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country’s rampantly growing shadow banking sector.

Claire Hunte
Chairman and CEO, Goldman Sachs Lloyd Blankfein

Goldman CEO Blankfein calls for second vote on Brexit

Goldman Sachs' chief executive Lloyd Blankfein said on Thursday that many people want Britain to have a “confirming vote” on whether to leave the European Union.

Claire Hunte
bonds

Asian bonds feel pressure

Dow Jones – A trio of cancelled bond sales and weakening investor demand for emerging-market junk bonds are pointing to new strains in Asia’s credit markets, after a strong rally earlier this year.

James Hester
UBS

UBS upgrades outlook on UK economy

UBS has upgraded its outlook for the UK economy, telling investors that “the picture is not as bleak as many think.”

James Hester
Eurozone

Eurozone current account surplus widens in September

(Reuters) A bigger surplus from trade boosted the euro zone’s current account surplus in September, European Central Bank data showed on Friday, countering concerns about the impact of a stronger euro on exporters

Neil Dennis
construction

Eurozone construction output rebounds in September

Construction output in the eurozone rose in September thanks to growth in building projects and a stable performance from civil engineering

Neil Dennis
ECB's Mario Draghi

ECB’s Draghi upbeat on economy but insists stimulus still needed

European Central Bank President Mario Draghi delivered a glowing report card on the eurozone economy on Friday

Claire Hunte
accounting

FRC in push to improve smaller company accounting standards

UK accountancy watchdog the Financial Reporting Council (FRC) is making a push to get smaller companies to tighten their accounting standards.

James Hester
zoopla

Home owners’ confidence in house price growth ‘has taken a dip’ – Zoopla

(Press Association) Home owners’ confidence that property prices will continue rising has dipped – although seven in 10 still expect values to be higher in six months’ time – a survey has found

Neil Dennis
Malaysia

Malaysia accelerates on private sector spending

Dow Jones – Malaysia's economy grew faster than expected in the third quarter of this year, driven by robust private sector spending, continued strength in exports and expansion across all economic sectors, according to the country's central bank on Friday.

James Hester
rupee

Rupee jumps after Moody’s raises India’s sovereign rating

The Indian rupee gained more than 1% against the dollar after rating agency Moody's upgraded the country's sovereign debt rating

Neil Dennis
London

Bank of England promises prompt Brexit action

Dow Jones – The Bank of England’s senior officials pledged to act quickly to control inflation and support the economy once there is “concrete” information about the kind of deal the UK is going to strike as it leaves the European Union.

James Hester




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