Sterling shrugs off weaker-than-expected UK GDP LONDON: Sterling edged higher on Wednesday as traders shrugged off data showing weaker-than-expected economic growth... Published 14 Oct, 2021 04:14am
Markets FTSE 100 drops LONDON: Miners and travel stocks pressured London's FTSE 100 index on Tuesday, with investors also worried about... Published 13 Oct, 2021 04:47am
Markets Pound pinned near 2-week highs after UK jobs data leaves rate bets intact LONDON: Sterling held near a two-week high against the dollar on Tuesday as UK jobs data came in largely in line ... Published 12 Oct, 2021 08:41pm
Markets FTSE 100 gains LONDON: UK's FTSE 100 climbed on Monday, helped by heavyweight mining and energy stocks, while a stronger pound on... Published 12 Oct, 2021 04:44am
Business & Finance Sterling rises LONDON: Sterling rose against both the euro and the dollar after the Bank of England said inflation levels in ... Published 12 Oct, 2021 04:44am
Markets Mining, energy stocks push FTSE 100 higher; Asos drops on profit warning UK's FTSE 100 rose on Monday, helped by gains in heavyweight mining and energy stocks, while a stronger pound on... Published 11 Oct, 2021 01:18pm
Markets Sterling edges up as BoE tells people to prepare for earlier interest hikes LONDON: Sterling rose against both the euro and the dollar after the Bank of England urged Britons, in interviews... Published 11 Oct, 2021 01:09pm
Business & Finance Pound set for best week vs euro in 5 months LONDON: Sterling steadied on Friday but was set for its best week in five months against the euro as interest rate... Published 09 Oct, 2021 04:10am
Business & Finance BoE warns of potential 'sharp' correction in markets LONDON: Financial markets, which have rebounded recently on low global interest rates and vast economic stimulus... Published 09 Oct, 2021 04:10am
Business & Finance Bank of England targets 'failures' in banks' trading books "The PRA considers this lack of capabilities to be a market failure, posing risks to the PRA's safety and soundness objective, and has therefore decided to clarify its expectations in this area," says BoE Updated 08 Oct, 2021 05:50pm
Opinion As interest rates go up New Zealand became the latest country, and among the first in the first world, to raise interest rates on Wednesday... Published 08 Oct, 2021 04:30am
Business & Finance Sterling rises LONDON: Sterling rose on Thursday as global risk sentiment improved and analysts said the prospects of a Bank of... Published 08 Oct, 2021 04:30am
Business & Finance Sterling rises 0.5pc LONDON: Sterling rose on Thursday as investors bought the dip after a selloff this week dragged the currency to a... Published 01 Oct, 2021 04:07am
Business & Finance Sterling holds above $1.37 LONDON: Sterling rose on Monday as expectations that the Bank of England could hike interest rates early next year... Published 28 Sep, 2021 05:12am
Business & Finance BoE's Bailey sees growing case for interest rate rise LONDON: Bank of England Governor Andrew Bailey said on Monday that he and other members of the Monetary Policy... Published 28 Sep, 2021 05:12am
Markets Dollar wallows near one-week low as haven demand ebbs TOKYO: The dollar wallowed near its lowest level in a week versus major peers on Friday, as improved risk sentiment... Published 24 Sep, 2021 11:16am
Business & Finance UK stocks inch higher as dovish BoE calms taper nerves Bank of England leaves rates unchanged Rolls-Royce at 6-month high on target price hike FTSE 100 up 0.1%, FTSE 250 adds 0.2% Updated 23 Sep, 2021 06:38pm
Business & Finance Bank of England holds stimulus, record-low rate LONDON: The Bank of England on Thursday maintained its stimulus amount and record-low interest rate, even as it... Updated 23 Sep, 2021 06:37pm
Markets Bank of England on guard against spiking inflation The British central bank's monetary policy committee is likely to keep its key rate at a record-low 0.1 percent Published 23 Sep, 2021 10:08am
Business & Finance Sterling flounders at 1-month lows LONDON: Sterling held near four-week lows on Tuesday as investors evaluated the direction the Bank of England would... Published 22 Sep, 2021 03:48am
Markets Miners, banks pull FTSE 100 to two-month low LONDON: London's FTSE 100 ended at a two-month low on Monday, dragged down by heavyweight miners and banking stocks,... Published 21 Sep, 2021 04:10am
Business & Finance UAE central bank working to replace interbank rates DUBAI: The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources... Published 17 Sep, 2021 03:52am
Markets UK shares dip as British inflation data fuels taper fears LONDON: UK shares ended lower on Wednesday, weighed by industrial and consumer discretionary stocks, after data... Published 16 Sep, 2021 04:02am
Business & Finance Sterling edges up after UK inflation jump LONDON: Sterling edged up on Wednesday after data showed British inflation hit a more than nine-year high last ... Published 16 Sep, 2021 04:02am
Business & Finance Sterling hits fresh 5-week highs LONDON: Sterling hit a new 5-week high against the dollar and a 3-week high to the euro on Tuesday, supported by... Published 15 Sep, 2021 04:19am
World BoE says Covid hitting timing of Basel bank capital rules LONDON: Countries are facing “challenges” in rolling out final elements of tougher global bank capital rules and... Published 14 Sep, 2021 03:55am
Business & Finance Bank of England says COVID hitting timing of Basel bank capital rules Banks, particularly in Europe, lobbying to ease the rules, saying they need to focus on helping economies recover from COVID 19 Published 13 Sep, 2021 06:51pm
Markets Sterling on the back foot amid UK recovery worries LONDON: Sterling slipped on Monday, pulling back further from a one-week high against the dollar hit on Friday as... Published 13 Sep, 2021 02:23pm
Business & Finance Sterling at 1-week high as BoE rate hike bets rise LONDON: Sterling was at a one-week high against the dollar on Friday, shrugging off Britain’s weak economic data ... Published 11 Sep, 2021 03:36am
Markets BoE's Saunders says interest rates may rise next year Saunders, who last month voted for an early stop to the BoE's 895 billion pound ($1.24 trillion) bond-buying stimulus plan Published 07 Sep, 2021 01:54pm
