Plunging pound pauses as investors await policy response SYDNEY: Sterling steadied on Tuesday, but was perched above its record low only thanks to soaring yields on British... Published 27 Sep, 2022 12:01pm
Business & Finance Sterling hits all-time low versus dollar, gets BoE’s attention NEW YORK: The British pound hit an all-time low against the dollar on Monday amid investor concerns that Britain’s... Published 27 Sep, 2022 04:06am
Business & Finance Euro, sterling plunge on soft business activity data, UK budget woes NEW YORK: The euro and sterling plummeted to fresh 20-year and 37-year lows against a surging US dollar on Friday... Published 26 Sep, 2022 06:07am
Business & Finance Sterling idles near 37-year low LONDON: The British pound was little changed against the dollar on Tuesday, hovering barely above its lowest level... Published 21 Sep, 2022 05:57am
Business & Finance Sterling languishes near 37-year low vs dollar LONDON: Sterling was weaker against a robust dollar on Monday, hovering near last week’s 37-year low, with... Published 20 Sep, 2022 05:51am
Business & Finance Pound falls to 37-year low LONDON: Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the... Published 19 Sep, 2022 05:45am
Business & Finance Sterling creeps higher LONDON: Sterling tiptoed up on Tuesday despite data showing Britain’s jobs boom is fading, as the employment ... Published 14 Sep, 2022 04:45am
Markets Sterling creeps higher despite downbeat data as dollar wavers LONDON: Sterling tiptoed up on Tuesday as the dollar softened ahead of US data that could show inflation beginning... Published 13 Sep, 2022 03:03pm
Business & Finance Sterling falls to weakest since early 2021 against euro LONDON: Sterling briefly fell to its lowest level since early 2021 against a robust euro on Monday, while news that... Published 13 Sep, 2022 06:12am
Business & Finance Sterling gains on falling dollar LONDON: Sterling jumped against the dollar on Friday, as most majors fought back against the greenback’s recent... Published 12 Sep, 2022 06:01am
Markets Sterling takes advantage of falling dollar as Britain faces uncertain future LONDON: Sterling jumped against the dollar on Friday, as most majors fought back against the greenback’s recent... Published 09 Sep, 2022 02:54pm
Markets UK’s FTSE 100 falls as weak oil drags on commodity-linked stocks Energy and mining stocks fall Rio Tinto to face US lawsuit Published 08 Sep, 2022 05:43am
Business & Finance Sterling plunges to weakest vs the dollar since 1985 LONDON: Britain’s battered pound fell to its lowest level against the US dollar since 1985 on Wednesday, lurching... Published 08 Sep, 2022 05:43am
World New UK leader Liz Truss finalizes huge power subsidy plan LONDON: Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring... Published 07 Sep, 2022 11:55pm
Markets U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's... Published 07 Sep, 2022 08:08pm
Business & Finance Sterling shows signs of life LONDON: Sterling lifted on Tuesday as media reports offered new details on how incoming Prime Minister Liz Truss is... Published 07 Sep, 2022 04:13am
Markets Sterling shows signs of life as Truss hints at energy relief LONDON: Sterling lifted on Tuesday as media reports offered new details on how incoming Prime Minister Liz Truss is... Published 06 Sep, 2022 03:23pm
Markets Sterling slides to post-pandemic low before new PM revealed LONDON: Sterling plumbed a fresh post-pandemic low on Monday as Russia kept one of its main gas supply routes to... Published 05 Sep, 2022 01:17pm
Business & Finance Sterling steadies after bruising week, markets await new PM LONDON: The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the... Published 05 Sep, 2022 06:04am
Business & Finance Sterling slides below $1.15 for first time since 2020 LONDON: Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds ... Published 02 Sep, 2022 06:00am
Business & Finance Sterling edges lower LONDON: Sterling edged lower on Tuesday against the euro and was set for its biggest monthly fall against the single... Published 31 Aug, 2022 05:50am
Business & Finance Sterling set for weekly loss LONDON: The British pound fell on Friday, on track for a weekly loss after a hawkish speech by US Federal Reserve... Published 29 Aug, 2022 05:44am
Business & Finance Sterling rises 0.5pc LONDON: Sterling recouped some losses against the dollar on Thursday but was still languishing near a 2-1/2 year low... Published 26 Aug, 2022 05:35am
Markets Sterling holds steady versus the dollar Sterling was steady against the dollar on Wednesday, holding above a 2-1/2 year low touched a day earlier after data... Published 24 Aug, 2022 02:01pm
Business & Finance Sterling slightly up versus dollar LONDON: Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers’ index (PMI) data ... Published 24 Aug, 2022 05:08am
Markets Sterling slightly up versus dollar after PMI data Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers’ index (PMI) data from Britain... Published 23 Aug, 2022 02:50pm
Business & Finance Sterling falls to its lowest since mid-July LONDON: Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer... Published 23 Aug, 2022 05:56am
Business & Finance Sterling on track for worst week since September 2020 LONDON: The British pound is set to record its worst weekly loss versus the dollar since September 2020, as ... Published 22 Aug, 2022 06:33am
Markets Sterling stays at one-month low despite uptick in retail sales LONDON: A surprise uptick in UK retail sales failed to lift a weakening British pound off one-month lows versus the... Published 19 Aug, 2022 02:48pm
Markets Pound tumbles after data shows British economy contracted in June Sterling slid against a firming dollar on Friday and also lost ground on the euro as data showed Britain’s economy... Published 12 Aug, 2022 03:30pm