Sterling climbs as dollar rally wanes LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ... Published 23 Nov, 2022 05:55am
Business & Finance Dollar retreats as investors tiptoe back into riskier currencies NEW YORK: The dollar retreated across the board on Tuesday, ceding some of the ground gained in the previous ... Published 23 Nov, 2022 05:55am
Business & Finance Covid in China sets sterling for biggest daily fall in two weeks LONDON: Sterling slipped against a strengthening US dollar on Monday as global risk sentiment was dented by rising... Published 22 Nov, 2022 03:23am
Business & Finance Sterling rises after retail sales partial recovery LONDON: Sterling rose on Friday after better-than-expected retail sales for Britain a day after finance minister... Published 21 Nov, 2022 05:59am
Markets Sterling claws higher ahead of ‘tough but necessary’ UK budget LONDON: The pound rose for a third day against the dollar on Thursday ahead of finance minister Jeremy Hunt’s new... Published 17 Nov, 2022 03:02pm
Markets Dollar gains as US spending points to rate hikes; Aussie tumbles SINGAPORE: The dollar rebounded on Thursday as strong US retail data cast doubt on the recent narrative that... Published 17 Nov, 2022 10:40am
Business & Finance Sterling hits 3-month high LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation... Published 16 Nov, 2022 05:50am
Business & Finance Sterling edges up against weakening dollar LONDON: Sterling edged higher against a weakening dollar on Friday after British economic data came in stronger than... Published 14 Nov, 2022 05:55am
Business & Finance Sterling set for biggest daily gain since 2017 LONDON: Sterling was set for its biggest daily gain since January 2017 against a weakening US dollar on Thursday... Published 11 Nov, 2022 05:54am
Business & Finance Dollar edges higher NEW YORK: The dollar advanced against several major currencies on Wednesday, as results so far for the midterm... Published 10 Nov, 2022 05:50am
Business & Finance Sterling softens versus dollar LONDON: Sterling softened against the dollar on Wednesday after three days of gains, ahead of major US inflation ... Published 10 Nov, 2022 05:50am
Business & Finance Euro, sterling jump, dollar falters as market shifts to risk assets WASHINGTON/LONDON: Euro and sterling rose against the safe-haven US dollar on Monday, supported by a risk-on... Published 08 Nov, 2022 05:56am
Markets Sterling rises but gloomy economic outlook remains in focus LONDON: Sterling rose on Monday, largely boosted by a softer dollar, which pushed the pound back up to levels seen... Published 07 Nov, 2022 03:35pm
Business & Finance Sterling rises, but set for largest weekly fall in six weeks LONDON: Sterling rose on Friday but was still set for its largest weekly decline in six weeks after losing 2%... Published 07 Nov, 2022 05:48am
Markets Fed and BoE dismantle sterling rate support LONDON: The US Federal Reserve and the Bank of England sent two very clear signals to financial markets this week -... Published 04 Nov, 2022 11:32am
Markets Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could... Published 04 Nov, 2022 09:59am
Markets Sterling slumps ahead of BoE decision after Fed hikes rates again LONDON: Sterling dropped against the dollar on Thursday after the Federal Reserve jacked up interest rates again,... Published 03 Nov, 2022 02:55pm
Markets Dollar rallies as Fed signals more rate hikes; pound drops LONDON: The dollar rose on Thursday, buoyed by a sharp rise in Treasury yields, after the Federal Reserve signaled... Updated 03 Nov, 2022 02:20pm
Business & Finance US dollar climbs as Fed likely to deliver another big hike; sterling slumps NEW YORK/LONDON: The dollar gained across the board on Monday, regaining some ground it lost earlier in the month,... Published 01 Nov, 2022 05:55am
Business & Finance Dollar sags as Fed looks less hawkish NEW YORK: The euro rose back above parity against the dollar for the first time in a month on Wednesday after poor ... Published 27 Oct, 2022 05:54am
Markets British stocks close at one-month high on Sunak-driven optimism LONDON: Britain’s midcap stock index closed at its highest level in a month on Tuesday, with gains led by... Published 26 Oct, 2022 05:52am
Markets Sterling rises as Sunak victory in PM race offsets economic gloom LONDON: The pound rose broadly on Tuesday, boosted by a degree of investor relief after Rishi Sunak won the race to... Published 25 Oct, 2022 01:47pm
Markets Sterling supported by news Rishi Sunak to be UK prime minister LONDON: Sterling took support on Monday from news former finance minister Rishi Sunak is set to become British prime... Published 24 Oct, 2022 07:07pm
Business & Finance Sterling may decide if BoE can talk markets off a cliff LONDON: The Bank of England has the uneviable task of convincing markets they are wrong about how high UK interest... Published 24 Oct, 2022 07:01am
Markets Sterling dips after Truss resigns, fragile yen weakens past 150 level SINGAPORE: Sterling edged lower on Friday as investors digested the news that British Prime Minister Liz Truss had... Published 21 Oct, 2022 09:39am
Markets Sterling rallies, big Nov rate-hike bets scaled back as PM Truss quits LONDON: Sterling rallied and investors reined in their bets on a big Bank of England interest rate hike in November... Published 20 Oct, 2022 07:42pm
Business & Finance Sterling weakens as inflation returns to 40-year highs LONDON: The pound fell on Wednesday after data showed surging food prices pushed British inflation into double ... Published 20 Oct, 2022 05:36am
Markets NZ dollar jumps on rate hike bets, risk-on rally, Aussie lags SYDNEY: The New Zealand dollar jumped on Tuesday, buoyed by rising expectations that the its central bank will have... Published 18 Oct, 2022 12:11pm
Markets Sterling jumps vs dollar on UK U-turn; yen scrabbles off 32-year trough TOKYO: The dollar lost ground against sterling and other major peers on Tuesday as investor sentiment picked up... Published 18 Oct, 2022 12:08pm
Markets Pound rallies ahead of new finance minister’s plans; yen wobbles LONDON: The pound rallied on Monday as Britain’s new finance minister prepared to unveil more fiscal plans aimed at... Updated 17 Oct, 2022 02:15pm