SUBSCRIBERS
US dollar nears 10-week high on rate-hike bets
Published Mon, Oct 9, 2017 · 09:50 PM
London
THE dollar steadied close to its highest level in ten weeks on Monday, with strong US wages data at the end of last week giving investors confidence that the Federal Reserve will hike interest rates in December.
Sterling was the biggest mover among developed-market currencies, recovering as much as 0.9 per cent on signs that a plot to topple Prime …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
Australian inflation boosts case for higher-for-longer rates
Gold edges down as Middle East worries ebb
Tesla could start selling Optimus robots by the end of next year, Musk says
Singapore stocks climb at Wednesday’s open; STI up 0.4%
China knockoff raid jolts a global throng of fake-fashion influencers