Sterling rises LONDON: Sterling rose on Friday and was set for its biggest weekly gains since March 2020 after the Bank of England... Published 03 Oct, 2022 05:52am
Business & Finance Dollar up on euro as quarter ends, commodity led currencies sink NEW YORK: The dollar rose against the euro on Friday but pared gains late in a session that was muddied by... Published 03 Oct, 2022 05:52am
Markets Sterling set for best week since 2020 as budget angst abates TOKYO: Sterling headed for its best week since the end of 2020 on Friday, amid moves by British policymakers to undo... Updated 01 Oct, 2022 10:38am
Business & Finance Sterling posts sharp gains; dollar down against most currencies LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ... Published 30 Sep, 2022 05:52am
Markets Sterling drops 1% as PM Truss defends economic plans LONDON: Sterling fell as much as 1% on Thursday after British Prime Minister Liz Truss defended economic plans that... Updated 29 Sep, 2022 02:13pm
Business & Finance Sterling pares losses against dollar LONDON: Sterling regained ground against the dollar in volatile trading on Wednesday after the Bank of England (BOE)... Published 29 Sep, 2022 05:54am
Business & Finance Sterling, euro rally against dollar after BoE buys UK bonds NEW YORK: After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England’s... Published 29 Sep, 2022 05:54am
Markets Sterling swallows bitter pill, dollar advances on hawkish Fed speak SINGAPORE: The pound languished near a record low on Wednesday on lingering concerns over Britain’s radical tax cuts... Published 28 Sep, 2022 09:52am
Markets 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
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees