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Finance

Finance

Dollar hits fresh 9-1/2-month high versus yen, Japan fiscal policy, US data in focus

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European shares fell on Tuesday alongside U.S. stock index futures amid concerns over stretched equity valuations, yet the greenback’s reaction in the forex market...
Finance

UK life insurers show resilience in Bank of England stress test

Bermuda Broadcasting Newsdesk -
The test aims to assess firm resilience to severe but plausible events International News via Reuters: The Bank of England said on Monday that Britain's largest...
Finance

ECB’s Sleijpen: risks are balanced, policy is appropriate

Bermuda Broadcasting Newsdesk -
The ECB has left interest rates unchanged since June and markets expect no change even in December International News via Reuters: Risks surrounding the euro zone...
Finance

Sterling finds its footing after last week’s ructions

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UK markets were roiled on Friday by reports Finance Minister Rachel Reeves has no plans to raise income tax rates in the budget International News...
Finance

IMF approves fresh, smaller $24 billion credit line for Mexico

Bermuda Broadcasting Newsdesk -
The Mexican authorities intend to treat the new arrangement as precautionary and canceled their previous line of about $35 billion, the IMF said in...
Finance

UK mobile companies face mass lawsuit for allegedly overcharging customers

Bermuda Broadcasting Newsdesk -
The Competition Appeal Tribunal (CAT) in a ruling on Friday threw out those parts of the case claiming losses from before October 2015 as...
Finance

ECB’s Elderson backs easier rules for small banks, fewer requirements

Bermuda Broadcasting Newsdesk -
The ECB is drafting proposals to simplify banking regulation in the European Union, responding to banks' complaints that they are at a disadvantage to...
Finance

Global investors pull back, cautious over tech valuations and US labour

Bermuda Broadcasting Newsdesk -
According to LSEG Lipper data, global investors bought just $4.11 billion worth of equity funds during the week, a sharp reduction from $22.27 billion...
Finance

Pension funds reject UK Plc proposal to get savers into local stocks

Bermuda Broadcasting Newsdesk -
More than 100 executives wrote to Britain's finance minister last week urging action to reverse the decline in buying domestic shares International News via Reuters: Proposals...
Finance

With markets underpricing risk, Europe must not ease bank regulation, ECB argues

Bermuda Broadcasting Newsdesk -
U.S. officials are working on a raft of initiatives to ease the regulatory burden on U.S. banks International News via Reuters: Financial markets are underpricing geopolitical...
Finance

Sterling edges up, gains tempered by soft UK growth data

Bermuda Broadcasting Newsdesk -
The British economy grew 0.1% in the third quarter of 2025, the Office for National Statistics said, slowing from growth of 0.3% in the...
Finance

Pound dips as possible Starmer leadership plot sparks uncertainty

Bermuda Broadcasting Newsdesk -
Several British media outlets on Wednesday cited allies of Starmer saying the prime minister would fight any challenge to his leadership International News via Reuters: The...
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