Economic News
2017 Bitcoin rally under investigation by DOJ
America's Department of Justice is investigating whether the 2017 rally in the price of Bitcoin was the result of traders driving it up via trading in Tether, a popular and controversial digital token.
Judges reject government appeal to derail article 50 EU hearing
The UK government’s appeal to derail the European Court of Justice hearing into whether article 50 could be reversed has been rejected by the Supreme Court.
Maldives set to ditch 'one-sided' China trade deal
The Maldives is likely to withdraw from a free trade agreement with China and align itself more closely with India and the West under its new government, according to reports on Tuesday.
Communications taking place at all levels of government with China, US's Kudlow says
The White House's top economic adviser reiterated on Tuesday that trade talks with the People's Republic of China were ongoing.
US considers tighter export controls on latest generation of dual-use technologies
The Trump administration is considering tightening controls on high-technology exports, including those related to artificial intelligence and other so-called 'dual-use' technologies, as the trade war with China intensifies.
US housing starts rise in October, on strength in multi-family segment
A key indicator of activity in the US housing sector picked-up more quickly than expected last month, although the details of the report were a bit weak.
Bank of England gives nod to Brexit deal due to no-deal fears
The Bank of England looked to back the Prime Minister’s withdrawal agreement on Tuesday, but only due to the likely dangers of crashing out of the European Union without a deal.
UK manufacturing recovers after October slump - survey
The UK’s manufacturing sector enjoyed a surprise rebound in activity in November, following sharp slowdown in October.
Online shift away from high street to accelerate at Christmas
Already struggling non-food high street retailers could lose their festive period boost as consumers prefer to go online to purchase presents.
DUP fires warning shot to May over Northern Ireland Brexit promise
Northern Ireland's DUP fired a political shot across the government's bows in parliament as it warned that Theresa May had “seriously broken” promises about the treatment of Northern Ireland post-Brexit.