International News
UK calls for regulating 'wild west' cryptocurrencies
UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.
US open: Dow moves to within 1% of all-time high
Wall Street trading started off with some mixed returns on Wednesday as the Dow moved to within 1% of an all-time high, despite trade tensions between the US and China that were still weighing heavily on sentiment.
US current account deficit narrows to 2.0% of GDP in Q2
America's current account deficit with the rest of the world narrowed more quickly than expected during the second quarter.
Tesla faces criminal probe over Elon Musk's tweets
The US Justice Department has opened a criminal probe against Tesla regarding the recent tweets of CEO Elon Musk who said he intended to take the company private.
US housing starts jump in August, but permits decline
Homebuilding in the States picked-up substantially last month, but a key forward-looking indicator fell short of analysts' forecasts.
Canada's Trudeau faces domestic pressure to yield in Nafta negotiations
Canadian Prime Minister Justin Trudeau is under increasing pressure to agree to a compromise on Nafta with the Trump administration, according to reports.
Danske CEO steps down after $234bn linked to laundering scandal
Thomas Borgen, chief executive of Danske Bank, has resigned after allegations that as much as $234bn has been laundered through the bank’s Estonian branch.
Asia report: Most markets rise as China announces fresh tariffs
Most markets in Asia finished in the green on Wednesday, as investors once again shrugged off concerns of further escalations in the ongoing US-China trade conflict.
McDonald's tax deal with Luxembourg not in breach of EU rules - EU Commission
EU antitrust regulators ruled that fast food giant McDonald's tax deal with Luxembourg was not in breach of EU state aid rules on Wednesday.
US pre-open: Stocks seen muted as Sino-US trade conflict remains in focus
US stocks looked set for a muted open on Wednesday as trade tensions between the US and China remained in focus.
Michel Barnier says October will be 'moment of truth' for Brexit
Michel Barnier, the European Union's chief Brexit negotiator, said the bloc is “ready to improve” its offer to the UK on the Irish border issue and that October would be the “moment of truth” for negotiations.