LONDON, May 4 Reuters Sterling dipped against the dollar on Tuesday with potential volatility expected by analysts ahead of Thursdays Bank of England meeting and the Scottish parliamentary elections. The BoE is expected by some analysts to announce tapering, or a reduction in the pace of its bond purchases at its meeting. On the BoE, […]

The rally by the U.S. Dollar Index (DXY) will likely accelerate as major resistance has been breached.

LONDON, May 3 Reuters The dollar retreated after its recent bounce on Monday as investors made a cautious start to a week crammed with central bank meetings and bigticket U.S. economic data, waiting for clues on the global inflation outlook and policymakers responses. Trade was thinned by holidays in Japan, China and Britain, which kept […]

HONG KONG Reuters Chinese online insurance technology firm Waterdrop Inc aims to raise up to 360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed by Tencent, will sell 30 million American Depository shares for between 10 and 12 each, it said in the filings […]

BENGALURU, May 3 Reuters Indian shares fell on Monday as conglomerate Reliance Industries slid after missing quarterly profit estimates, and as investors weighed growing calls to curb economic activity to check a relentless surge in COVID19 infections. The NSE Nifty 50 index declined 0.53 to 14,553.4 by 0508 GMT, while the benchmark SP BSE Sensex […]