The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
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U.K. jobless rate unexpectedly increases; wage growth to rise, says BOE officials. U.K. stocks finished higher Wednesday, reversing course as gains for shares of Lloyds Banking Group PLC and Glencore PLC, which released financial updates, accelerated during the session. Stocks in London overcame the losing tone set early by U.S. stocks, which snapped a win streak in the previous session.
By Carla Mozee and Victor Reklaitis, MarketWatch. Spain's IBEX also drops, but Stoxx Europe 600 gains. Germany's stock benchmark finished lower Wednesday, while other major European indexes closed mostly higher, as investors received disappointing updates on manufacturing and services activity in the eurozone.
Even if you made just one transaction, you likely have to pay. Many people holding bitcoin have seen massive gains, some becoming overnight millionaires after the currency soared more than 1,000% in value over the last 12 months-- but now comes the less fun part: paying taxes. Do you need to file paperwork for your cryptocurrency holdings?
Nikkei up slightly, Taiex jumps after weeklong holiday. Asia-Pacific stock markets gained after a choppy start Wednesday, following the first down day on Wall Street in seven sessions. Taiwan's benchmark jumped 2.8%, its biggest rise in 2 1/ 2 years, during the first day of trading after the Lunar New Year holiday.