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Sheikh Hasina's plan to travel to UK hits roadblock, may be in India for couple of days

The Awami League leader planned to travel to London through India and her aides informed Indi…

PTI   


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The US and the UK are reportedly looking into $20 billion of crypto payments that may have helped Moscow evade sanctions

Authorities are looking into $20 billion worth of transactions on a Russian crypto exchange, Bloomb…

Yuheng Zhan   


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The much-speculated Chinese campaign to undermine the dollar by dumping Treasuries is a myth, expert says

China's holdings of US bonds have hit a 14-year low - but that doesn't necessarily mean Beijing is …

Anil Varma   


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Britain's Royal Mint is creating an NFT, ready for launch this summer

Finance Minister Rishi Sunak asked the Royal Mint to start developing the non-fungible token, as th…

Hamza Fareed Malik   


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US stocks fall as dollar and Treasury yields soar amid fallout from UK tax plan

US stocks ended Monday lower on further turmoil in the UK. US bond yields soared with the 10 year c…

Brian Evans   


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The UK says it's ready to regulate stablecoins for payments — and cryptocurrencies like bitcoin are next on its list

The Economic Secretary to the Treasury said the UK government sees significant potential in crypto …

Hamza Fareed Malik   


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The US is preparing to sanction companies providing technology and intelligence services for Russia's military, a report says

The new sanctions would ban Russia from acquiring goods and services that have both civil and milit…

Sam Tabahriti   


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The US is still keeping nearly $10 billion of Afghan assets frozen from the Taliban, but says banks are allowed to send humanitarian aid

The Treasury Department said banks and aid groups can send help to the country's civilians without …

Sinéad Baker   


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UK Treasury chief set to hail economic rebound in budget

With many of the pandemic-related firefighting measures, such as a salary support scheme, now finis…

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4 mins read

UK household wealth has tanked and it's a sign of what could happen in the US

UK's household wealth fell as much as 26% in some areas due to rising interest rates, with regions …

Cork Gaines   


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The pound could easily slip below parity with the dollar due to UK's latest tax cuts, former Treasury Secretary Larry Summers says

"It makes me very sorry to say but I think the UK is behaving a bit like an emerging market turning…

George Glover   


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The US Treasury unveiled a raft of new sanctions targeting Russian oligarchs, citing their role in the Ukraine invasion

The Treasury outlined its action plan to increase transparency in the US financial system and stren…

Sam Tabahriti   


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US futures edge higher as the Fed prepares to hike rates, while 10-year Treasury yield smashes through 3%

The Fed is widely expected to hike interest rates by 50 basis points on Wednesday as it wrestles wi…

Harry Robertson   


Jennifer Sor   


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Ryan Hogg   


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Global shares stabilize, but rising COVID cases across Asia and weaker UK GDP keep investors cautious

Rising COVID cases, extended lockdown and travel restrictions and aweaker than expected UK GDP read…

Sophie Kiderlin   


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Kevin Shalvey   


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Former Chancellor Philip Hammond cleared of breaking rules after his lobbying of Treasury was ruled only 'incidental'

A Whitehall watchdog judged Philip Hammond's messages to a senior Treasury official on behalf only …

Henry Dyer   


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UK Treasury boss to extend job support, tax breaks in budget

While the pandemic has pushed public borrowing to levels not seen since World War II, economists sa…

PTI   


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Global stocks mixed while bond yields hit 13-month high, as all eyes turn to the Federal Reserve

Stock market investors sat on their hands ahead of the Federal Reserve decision, but the key US bon…

Harry Robertson