Friday, February 13th, 2026

British pound wobbles as May announces resignation



BERLIN: The British pound wobbled after Prime Minister Theresa May announced her resignation, while stock markets mostly rebounded as US President Donald Trump offered an “olive branch” to China in their trade war, dealers said.

Sterling sank below $1.27 after May said she would step down on June 7 as prime minister, paving the way for a brutal contest to replace her.

 

Publish Date : 24 May 2019 20:41 PM

Nepali Congress calls on professionals to join mission for democratic strengthening

KATHMANDU: The Nepali Congress, under the leadership of President Gagan

Naga Babas arrive in Kathmandu ahead of Maha Shivaratri

KATHMANDU: As the festival of Maha Shivaratri approaches, Naga Babas

Gold drops to Rs 303,500 per tola

KATHMADU: The price of gold in the domestic market has

Rabi Lamichhane says March 5 polls a test of new alternative

KATHMANDU: Rabi Lamichhane, chair of the Rastriya Swatantra Party (RSP),

PM Karki to table Muslim Commission’s annual report in National Assembly

KATHMANDU: Prime Minister Sushila Karki is scheduled to table the