BBC News – WeChat’s owner Tencent sees profits soar by more than 60%. The firm, which owns the popular messaging app WeChat, posted a 61% year-on-year jump in profit, to 23.29bn yuan ($3.7bn; £2.73bn).
Reuters – Britain seeks 30 billion pounds investment to boost the economy after Brexit. Britain is trying reinvent itself as a global trading nation and improve economic ties with countries outside Europe.
CNBC – Tough negotiations as US-China trade talks kick off, but there’s scope for compromise. “It would be short-sighted to start a trade war by imposing tariffs just because of the trade deficit,” Wei said.
Bloomberg – Bank of England Tipped to Raise Rates in Slowing Economy. Economists predict growth will ease to 1.4% in 2018 from 1.8%.
Coindesk – The SEC Just Launched a Fake ICO Website to Educate Investors. The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test.