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Finance

Finance

Dollar rises on safe-haven demand, yen slides as Middle East risks mount

Bermuda Broadcasting Newsdesk -
The yen was particularly under pressure, falling in afternoon trading to its weakest since July 2024 and raising the possibility of currency market intervention...
Finance

Pound heads for biggest monthly loss against the safe-haven dollar since October

Bermuda Broadcasting Newsdesk -
Sterling has fallen by 1.5% in March, slightly more than in February, making this its worst monthly performance since last October International News via Reuters: The...
Finance

European shares fall on uncertainty over Mideast war

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 dropped 0.8% to 576.34 points by 0929 GMT, with most sectors in the red, while bourses in Frankfurt and Madrid...
Finance

UK’s main indexes drop 1% on Middle East uncertainty

Bermuda Broadcasting Newsdesk -
U.S. President Donald Trump said Iran was desperate to reach a deal to end nearly four weeks of fighting, contradicting Iran’s foreign minister International News...
Finance

Sterling falls for a third day as investors favour safe-haven dollars 

Bermuda Broadcasting Newsdesk -
Sterling, which has lost nearly 1% in value against the dollar this month, was last down 0.1% on the day at $1.336 International News via...
Finance

Stocks and bonds slide as Iran crisis drives oil above $105

Bermuda Broadcasting Newsdesk -
Conflicting signals over the scope of contact, plus reports of thousands of U.S. troops being sent to the region, snapped a three-day rebound in...
Finance

UK’s main indexes drop 1% on Middle East uncertainty

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 1.1% by 1013 GMT, snapping a two‑day winning streak, while the midcap FTSE 250 fell 1.2% International News via...
Finance

Bank of England raises threshold for lenders to make resolution plans

Bermuda Broadcasting Newsdesk -
The BoE said that firms with less than 100 billion pounds ($134 billion) of retail deposits would in future be exempt from its Resolution...
Finance

Stocks gain, oil prices ease on guarded hope for possible Iran war ceasefire 

Bermuda Broadcasting Newsdesk -
The U.S. sent a 15-point ceasefire proposal to Iran reportedly delivered via Pakistan that was originally brushed aside by Iranian officials International News via Reuters: Global...
Finance

UK inflation holds at 3% in February ahead of likely Iran war jump

Bermuda Broadcasting Newsdesk -
Lower petrol prices in February helped offset a rise in clothing costs, the Office for National Statistics said, but that relief looks set to...
Finance

Europe’s STOXX 600 gains over 1% on Middle East ceasefire hopes

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 was up 1.4% at 587.04 points by 0856 GMT, on track for its third straight day of gains after briefly...
Finance

Dollar gains as hope fades for de-escalation in Iran

Bermuda Broadcasting Newsdesk -
The Pentagon plans to send thousands of troops from the 82nd Airborne Division to the region, adding to the military buildup even as the...
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