Brussels backs Trump-style tariffs on cheap Chinese steel
New measures would protect industry, but some countries fear that curbing low-cost imports could drive up prices
Economic news
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UK accounting watchdog to ease its probes of audit firms
FRC’s proposals follow sustained complaints from the industry about lengthy investigations
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls saw their biggest decline in two-and-a-half years during September, ADP said.
Investors embrace ‘cat’ bonds
Reinsurers fear extra issuance is leading to flighty capital
Stablecoins could help shift financial system from commercial lending, BoE governor says
Andrew Bailey signals softening of stance towards digital tokens
The new stablecoin regime
An innovative technology must still answer old central banking questions