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Safe-haven US dollar climbs; sterling falls on dovish Bailey comments

October 3, 2024

THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound lagged its developed markets peers after dovish…

Death toll climbs to 104 in Nepal floods and landslides

September 29, 2024

The death toll from monsoon-induced floods and landslides in Nepal has risen to at least 104, with 64 people still missing, officials said on Sunday. The devastating rains, which began…