Three of the biggest bitcoin exchanges in China teamed up on Thursday to release a joint letter addressed to New York regulators, warning them that proposed rules for the digital currency will have far-reaching consequences.
The UK's annual inflation rate fell more sharply than expected in July, dimming the prospects of an interest rate rise in 2014.
Britain's economy powered on in the second quarter, recording its strongest growth since before the financial crisis, but economists warned the pressure was on UK consumers and businesses to sustain the recovery amid the threat of a triple-dip recession in the eurozone.
Want to understand what's happening in the eurozone? Then think back a couple of years to the early years of the UK's coalition government.
The French economy failed to expand during the second quarter of this year after stalling in the first, missing analyst expectations, data from the French national statistics bureau Insee showed.
The London housing market stumbled in July as sales dropped and inquiries fell at their fastest rate since the onset of the credit crisis, in a further sign that the UK property market is cooling.
The message from the Bank of England was clear.
Britons suffered the first fall in wages since the recession of 2009 despite a drop in the unemployment rate to 6.4%.
US factories have suffered their worst month for three years, heaping further pressure on the Federal Reserve to hold off from raising interest rates when it meets next month.
The pound tumbled to a seven-year low and the UK was warned its credit rating was at risk on Monday as the effect of Boris Johnson’s backing for the Brexit campaign was felt in financial markets.
A vote to leave the EU in June’s referendum will threaten the UK’s strong credit score, potentially pushing up the cost of government borrowing, the ratings agency Moody’s has warned.