Monday, December 22nd, 2025

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

Schools closed across Kathmandu Valley after little-known student union announces education strike

KATHMANDU: Schools across the Kathmandu Valley have been shut down

Nepali Army reaffirms loyalty to Constitution amid debate

KATHMANDU: The Nepali Army (NA) has reiterated that it acted

Police detain Gen-Z activists, including Nicholas Bhusal, during Maitighar protest

KATHMANDU: Police detained several Gen-Z activists, including Nicholas Bhusal, during

Three domestic airports shut due to adverse weather

KATHMANDU: Three domestic airports have been closed due to adverse

Consumer Protection Department fines two firms Rs 50,000 each for violating consumer law

KATHMANDU: The Department of Commerce, Supply and Consumer Protection has