European shares rise Published 29 Sep, 2026 04:48am FRANFURT: European shares climbed on Monday, supported by a rally in British housebuilders, although gains were...
Sterling treads water at 3-month low against dollar, euro Published 28 Sep, 2026 04:13am LONDON: The pound held steady on Friday at around its lowest in just under three months against the euro and dollar,...
US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss, FT reports Published 21 Sep, 2026 11:25am This contributed to Jane Street taking a $15 billion hit that month
Fed decision may adversely affect stock, bond markets Updated 21 Sep, 2026 06:00am The primary conclusion drawn from the Federal Reserve’s recent decision is the unanimous agreement of all 12 voting...
Sterling ticks up after UK retail data Published 21 Sep, 2026 04:53am LONDON: The pound rose slightly on Friday after figures showed UK retail sales unexpectedly rose in August,...
London’s FTSE 100 retreats as financials weigh Published 21 Sep, 2026 04:53am LONDON: London’s FTSE 100 pulled back from a more than one-week high on Friday as financial stocks weighed, ending a...
US dollar jumps against yen Published 19 Sep, 2026 04:55am NEW YORK: The dollar jumped against the yen on Friday after two policymakers at the Bank of Japan dissented from a...
STOXX 600 falls as autos, telecoms lead broad sell-off Published 19 Sep, 2026 04:55am FRANKFURT: Europe’s STOXX 600 tumbled on Friday in broad-based losses led by automobile and telecom shares, while...
BOE holds rate, warns of hike if Iran war persists Published 18 Sep, 2026 05:15am LONDON: The Bank of England held its benchmark interest rate at 3.75 percent on Thursday, but warned that a hike...
Dollar softer as Treasury yields ease Published 18 Sep, 2026 05:15am NEW YORK: The US dollar eased on Thursday, a day after logging its biggest jump in three months after the Federal...
Gold rises as traders reassess positions after Fed rate hike Published 18 Sep, 2026 05:15am NEW YORK: Gold climbed almost 2percent from a near-six-week low on Thursday, as investors reassessed their positions...
European stocks rise after Fed hike as oil slips Published 18 Sep, 2026 05:15am FRANKFURT: European shares rose on Thursday as lower oil prices and a pause in the global bond selloff lifted risk...
Bank of England sounds inflation alarm as it holds interest rates Published 17 Sep, 2026 05:02pm The Bank of England paused gilt sales and hinted at future rate hikes as inflation risks strengthen, potentially reaching 4% next year
Bank of England to stop selling 20- and 30-year gilts, Telegraph reports Published 15 Sep, 2026 11:46am The central bank is overhauling debt sales amid bond market turmoil, the newspaper said
Sterling climbs after UK growth beats expectations Published 14 Sep, 2026 04:59am LONDON: The pound rose slightly on Friday after data showed UK growth beat expectations in July, continuing a string...
UK economy beats expectations in July with growth Published 13 Sep, 2026 02:36am LONDON: Britain’s economy grew by a much stronger than expected 0.4percent in July, extending the strong performance...
London mid-caps set for weekly losses on bond jitters Published 07 Sep, 2026 04:49am LONDON: London’s mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns...
Pound firm ahead of US jobs data Published 07 Sep, 2026 04:49am LONDON: The pound held steady on Friday, ahead of monthly US employment data that could be key in setting the pace...
UK stocks close higher after Warsh’s comments Published 31 Aug, 2026 05:26am LONDON: UK stocks closed higher on Friday as investors digested corporate updates as well as Federal Reserve Chair...
FTSE 100 logs first weekly drop in five as miners retreat Published 17 Aug, 2026 04:46am LONDON: London’s FTSE 100 closed lower on Friday as miners retreated alongside a dip in copper prices, though...
UK faces recession if Strait of Hormuz stays closed, forecaster warns Published 03 Aug, 2026 08:19am Inflation is likely to rise to 6.4% by the end of 2026 under that scenario, compared with a lower peak of 3.5% this year if the Strait reopens in the next couple of months
FTSE 100 records biggest monthly rise since Feb Published 03 Aug, 2026 02:22am LONDON: London’s FTSE 100 dipped from record highs on Friday, but registered weekly and monthly gains as robust...
Pound set for monthly gains as rate-hike bets linger Published 03 Aug, 2026 02:22am LONDON: The pound was set for monthly gains against the dollar and the euro on Friday, as expectations of...
Bank of England warns on inflation after freezing rate Updated 30 Jul, 2026 06:10pm BoE holds rates at 3.75% but forecasts inflation will rise again due to the Middle East conflict, potentially peaking at 3.2% later this year
Gold edges down as dollar, yields rise ahead of Fed decision Published 30 Jul, 2026 05:15am NEW YORK: Gold edged lower on Wednesday, pressured by a firm dollar and elevated US Treasury yields, while investors...
Dollar softer as oil slumps Published 28 Jul, 2026 05:33am NEW YORK: The dollar eased against major currencies on Monday as a pause in US bombing in Iran sent oil prices lower...
Sterling set to end three-week winning run Published 27 Jul, 2026 05:04am LONDON: The British pound looked set to snap a three-week winning streak on Friday, as a softer inflation reading...
Sterling dips but on track for weekly rise Published 20 Jul, 2026 05:50am LONDON: The pound slipped on Friday but was on track for its third consecutive weekly rise, with UK assets supported...
Sterling climbs to one-month high Published 13 Jul, 2026 04:58am LONDON: The pound rose on Friday to an almost one-month high against the dollar and a one-year peak versus the euro...
Financial risks from ME war still remain: BoE Published 08 Jul, 2026 05:27am LONDON: The Bank of England on Tuesday warned that economic risks from the Middle East conflict could amplify...