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Finance

Finance

FTSE 100 touches record high, BoE policy in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 1.4% at 10,457.84 points at 1155 GMT, while the domestically focused mid-cap FTSE 250 was up 0.6% International...
Finance

Global software stocks hit by Anthropic wake-up call on AI disruption

Bermuda Broadcasting Newsdesk -
European data analytics, professional services and software stocks fell for a second day in volatile trade, after Anthropic's new legal artificial intelligence model underscored...
Finance

Sterling hits fresh 5-month high versus euro, BoE in focus

Bermuda Broadcasting Newsdesk -
British interest rates are likely to fall further this year, but the BoE will probably sound vague this week about when or by how...
Finance

Global stock index up slightly while gold, silver bounce

Bermuda Broadcasting Newsdesk -
Commodities stocks and the dollar have whipsawed since U.S. President Trump's nomination of Kevin Warsh to lead the Federal Reserve last Friday International News via...
Finance

UK watchdog reports consumer savings of $215 million in premium finance

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority also confirmed it would not introduce a price cap or mandate interest-free premium finance, warning that could restrict access to...
Finance

Crypto market volatility triggers $2.5 billion in bitcoin liquidations

Bermuda Broadcasting Newsdesk -
The wipeouts in both short and long bitcoin positions are far below the record $19 billion in crypto liquidations the market experienced after U.S....
Finance

Investors flock to gold, gold miner ETFs in January in bid for safety

Bermuda Broadcasting Newsdesk -
According to LSEG Lipper data, ETFs of gold and other precious metals received $4.39 billion in January - their eighth consecutive month of inflows International...
Finance

London’s FTSE 100 rises as defensive plays outweigh slide in commodity-linked shares

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 0.2% at 1037 GMT, rising for the third straight session, while the domestically focused mid-cap index FTSE...
Finance

Sterling steady near $1.37 as eyes turn to BoE announcement 

Bermuda Broadcasting Newsdesk -
Sterling was last up less than 0.1% versus the dollar at $1.3696 International News via Reuters: The pound held steady against the dollar on Monday near...
Finance

Global equity funds attract inflows for third week in a row

Bermuda Broadcasting Newsdesk -
Global equity funds attracted $33.39 billion worth of inflows in the week, compared with about $9.5 billion worth of inflows in the previous week,...
Finance

European shares edge higher on earnings optimism

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 inched up 0.1% as of 0804 GMT International News via Reuters: European stocks edged higher on Friday, reflecting resilient risk appetite and...
Finance

Dollar rallies on prospects for new Fed chief; Bitcoin tumbles

Bermuda Broadcasting Newsdesk -
Trump said he intends to name his pick to replace Fed Chair Jerome Powell on Friday, following news that former Fed Governor Kevin Warsh...
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