Sterling strengthens further, passing $1.41 The pound was up 0.8% on the day at $1.40970, having crossed the key $1.40 level for the first time since February during the Asian session, and risen above $1.41 during the European morning session. Published 10 May, 2021 04:59pm
World ECB keeps cheap money tap open FRANKFURT: Christine Lagarde on Thursday underlined the European Central Bank’s commitment to cheap money as the... Updated 23 Apr, 2021 10:04am
Business & Finance Congo central bank cuts interest rate to 10.5pc It had hiked the interest rate from 7.5% to 18.5% last August to re-anchor inflation expectations. Growth is forecast at 4.4% in 2022, the IMF said. Congo is Africa's top producer of copper and recorded record output of the metal last year. Published 16 Apr, 2021 07:41pm
Markets Markets rise on recovery hope, dollar hits one-year yen high Tokyo, Hong Kong, Shanghai, Seoul, Singapore, Taipei, Mumbai and Wellington all rose, though Sydney, Manila and Jakarta fell. Published 30 Mar, 2021 05:33pm
Business & Finance Early trade in New York: Dollar jumps on jobs improvement NEW YORK: The dollar jumped on Friday after data showed jobs growth beat expectations in February, backing up the... Published 06 Mar, 2021 05:01am
Markets Hong Kong stocks rally in morning session The Hang Seng Index climbed 0.75 percent, or 203.48 points, to 27,434.61. Published 04 Jan, 2021 11:28am