Economic News
South Korean president urges US to help stop war
South Korean President Moon Jae told his American allies there must be a diplomatic solution to the crisis with North Korea.
Trump trade probe will 'poison' relations, Chinese media says
The White House’s decision to order a probe into Chinese trading practices will 'poison' relations between the two countries at a critical time, state-run newspaper China Daily has warned.
China issues ban on North Korean imports to comply with UN sanctions
North Korea came under further international pressure on Monday after China moved to implement recently approved UN trade sanctions against the regime.
Portuguese GDP growth slows in second quarter
Economic growth in Portugal slowed sharply in the second quarter as the contribution from net external demand turned slightly negative.
Bitcoin continues meteoric rise to surpass $4000
Cryptocurrency Bitcoin hit another record high on Sunday and surpassed the $4000 mark for the first time.
Increasing number of applicants keeps UK pay growth low
Basic pay in the UK is predicted to rise just 1% over the next 12 months, according to new research published on Monday.
Euro area industrial production slips in June, but economists sanguine
Industrial production in the single currency bloc fell back in June amid sharp drops in the output of capital and durable consumer goods.
Trump criticised after failing to condemn white supremacy groups
US President Donald Trump has come under fire from politicians on both sides of the divide after he failed to explicitly condemn far right groups following a car attack in Virginia on Saturday.
Chinese retail sales, fixed asset investment slow in July
Chinese economic activity cooled more than expected last month as authorities' tightening measures began to bite.