LONDON, Sept 27 Reuters Sterling fell to a fresh sixmonth low against a strengthening dollar on Wednesday as markets are pricing in that the Bank of England BoE is done hiking interest rates as the economy deteriorated, while British inflation subsided. Sterling is set for the biggest monthly drop since August 2022, down more than […]

WASHINGTONNEW YORK, Sept 27 Reuters U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China technology sectors which they say are too vague and put the onus of compliance on investors. Aiming to protect national security and prevent U.S. capital from aiding China39;s military, President Joe Biden issued […]

Sept 27 Reuters Most major stock markets in the Gulf extended losses on Wednesday as concerns over interest rate hikes checked investor enthusiasm, although higher oil prices gave the Saudi Arabian bourse its biggest boost in nearly four months. The Fed last week held its policy rate steady in a range of 5.255.50, but most […]

SINGAPORE, Sept 27 Reuters The dollar rose to a 10month high against its major peers on Wednesday, toppling the euro and sterling to 6month lows and pushing the yen deeper into intervention territory, as the prospect of higherforlonger U.S. rates gripped markets. U.S. Treasuries stabilised after a heavy selloff in recent days, though yields remained […]