Bloomberg Bitcoin sank more than 10% to the lowest level in six months, extending last week’s slide past the weekend on concerns about a crackdown on cryptocurrency operations by China. The digital currency plunged as much as 11% from November 22’s close and was trading below $6,600 as of 1:50 pm in Hong Kong, according to Bloomberg composite pricing. It’s …

Bloomberg The International Monetary Fund (IMF) called on Japan’s government and the Bank of Japan (BOJ) to cooperate more in support of the economy as it cut its 2019 growth forecast for the third time this year amid heightened global risks. Speaking at the conclusion of the fund’s annual mission to review Japan’s economy, IMF managing director Kristalina Georgieva essentially …

Bloomberg Italy may be willing to compromise on its holdout against a German plan for further integration of the European Union’s banking system that includes setting limits on holdings of sovereign debt. Vincenzo Amendola, Italy’s minister for European Affairs, said in an interview in Rome that he is confident that a “good compromise” can be found in the next month. …