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Sterling flounders but UK stock market soars

Upcoming polls cause pound to fall 1 cent to US$1.277 but FTSE 100 trades up

Published Wed, May 31, 2017 · 09:50 PM

London

STERLING is suffering from poll jitters, but the stock market is ignoring political uncertainty and has surged to new heights.

The pound fell one cent to a five week low of US$1.277, or 2 per cent below its April high after the pollster YouGov predicted the possibility of a hung Parliament.

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International

International

Sterling flounders but UK stock market soars

International

Chinese tariffs could leave cognac makers with too much brandy

Xi begins Europe tour in Paris as Macron seeks to reset ties

South Korea’s probe alleges 211.2 billion won of illegal short trades

Suzhou Industrial Park: The crown jewel of China-Singapore relations celebrates its 30th year

Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions

Saudi Arabia posts budget deficit of US$3.3 billion in first quarter

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