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Finance

Finance

Sterling nudges higher as economic data, political tensions dominate

Bermuda Broadcasting Newsdesk -
Sterling was last 0.1% higher against the dollar at $1.3639, with the greenback slightly weaker across the board International News via Reuters: The pound edged up...
Finance

Swiss central bank backs tougher banking regulations for Switzerland

Bermuda Broadcasting Newsdesk -
The Swiss government in June proposed measures to prevent future banking crises following the 2023 collapse of Credit Suisse, which could make UBS hold...
Finance

Stocks pause for breath as AI worries simmer; yen gallops higher

Bermuda Broadcasting Newsdesk -
The U.S. dollar fell for a fourth straight session and the yen extended its rally, in a potential shift in investor thinking since Sunday's...
Finance

Euro zone inflation to take hit from tariffs but rate cuts could offset, ECB economists find

Bermuda Broadcasting Newsdesk -
The U.S. imposed tariffs on most trading partners last year and ECB officials have been studying their likely impact, often coming to opposing conclusions...
Finance

UK regulator sues crypto exchange HTX over illegal promotions

Bermuda Broadcasting Newsdesk -
The FCA said HTX had repeatedly issued illegal crypto promotions to British consumers despite prior warnings, including ads posted on its website and social...
Finance

Sterling drops, politics and BoE easing path in focus

Bermuda Broadcasting Newsdesk -
Two-year UK government bond yields were roughly unchanged after falling by almost 11 basis points since Thursday International News via Reuters: Sterling dropped against the dollar...
Finance

UK watchdog plans to publish all trading data for London shares

Bermuda Broadcasting Newsdesk -
The FCA believes most UK market share liquidity data is under-reported because it is only based on the London Stock Exchange's central limit order...
Finance

ECB’s Nagel says rates are right despite inflation dip

Bermuda Broadcasting Newsdesk -
The ECB unanimously kept its main interest rate unchanged at 2% last week, but some policymakers remain concerned that price growth might weaken too...
Finance

Stocks rise as chip sector rebounds, investors focus on key US data

Bermuda Broadcasting Newsdesk -
Bargain hunting in some of the markets that were hit by selling last week, like silver, bitcoin and technology stocks, helped shore up overall...
Finance

Sterling slides on Starmer crisis and rate cut bets

Bermuda Broadcasting Newsdesk -
Morgan McSweeney, Starmer's chief of staff, quit on Sunday, saying he took responsibility for advising the Prime Minister to choose Peter Mandelson as ambassador...
Finance

Stocks, bitcoin regain some ground along with precious metals

Bermuda Broadcasting Newsdesk -
Oil prices were choppy as investors monitored talks between the United States and Iran and assessed the possibility of a supply-disrupting Middle East conflict International...
Finance

Dollar retreats from two-week high, yen set for weekly loss

Bermuda Broadcasting Newsdesk -
The yen remains on track for its worst weekly performance against the dollar since October and has given up most of January's hefty gains, as...
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