Myanmar court in Suu Kyi prison, Australian economist for 3 years – source

Sep. 29 (Reuters) – A court in military-ruled Burma on Thursday imprisoned dethroned leader Aung San Suu Kyi and her former economic adviser, Australian Sean Turnell, for three years for violating secrecy laws, a source familiar with the proceedings said. Both pleaded not guilty to the charges of violating the law on professional secrecy, punishable … Read more

The pound sterling plummets after the BoE buys bonds, the dollar has peaked in 20 years

NEW YORK / LONDON, Sept. 28 (Reuters) – The pound sterling plunged against the dollar on Wednesday before recouping losses after the Bank of England (BOE) said it would step in to support the government bond market and the dollar index touched a fresh 20 the annual high turnover was unstable. BOE said it would … Read more

The dollar is resting even as interest rate fears weaken the risk appetite

NEW YORK / LONDON 27 September (Reuters) – The dollar made little progress in Tuesday’s session, while appetite for more risky betting continued to be weak as Federal Reserve policymakers spoke of further interest rate hikes. The dollar was against the euro but depreciated against the British pound and the Japanese yen, noting central banks … Read more

The raging dollar holds its breath as the bears prepare stocks

Sign up now for FREE unlimited access to Reuters.com Register HONG KONG, Sept. 27 (Reuters) – Asian markets tried to stabilize on Tuesday after a crazy couple of days during which most assets, except for the dollar, fell as the dollar eased slightly and equities fell. The pound sterling, which fell to a record low … Read more

Australia signals privacy shift following massive cyber attack on Optus

Australian Prime Minister Anthony Albanese speaking at the Sydney Energy Forum in Sydney, Australia July 12, 2022 Brook Mitchell / Pool via REUTERS / File Photo Sign up now for FREE unlimited access to Reuters.com Register SYDNEY, Sept. 26 (Reuters) – Australia plans to tighten privacy laws to force companies to notify banks more quickly … Read more

Pound sterling drops to record lows, dollar soars on UK fiscal unrest

A woman is holding British pound banknotes in this picture from May 30, 2022. REUTERS / Dado Ruvic / Ilustracja / Sign up now for FREE unlimited access to Reuters.com Register TOKYO, Sept. 26 (Reuters) – The pound sterling plunged to a record low on Monday as traders rushed to exits amid speculation that the … Read more

Sterling collapses when investors run for dollars

Sign up now for FREE unlimited access to Reuters.com Register The pound sterling hits a record low; BOE reaction risk the euro down 1%; Aussie, kiwi, yuan hit their multi-year lows S&P 500 futures down 0.6% SYDNEY, Sept. 26 (Reuters) – The pound sterling dropped to a record low on Monday, sparking speculation about the … Read more