Brexit And Financial Market

Britain has announced a fast-track visa scheme for jobs at fintech firms after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.

Domestic share markets registered new record highs on Tuesday tracking gains across global markets, as hopes that a US COVID-19 relief package would be expanded and a Brexit trade deal supported investor risk appetite. The S&P BSE Sensex index rose 360.8 points, or 0.76 per cent, to an all-time high of 47,714.55 during the session, and the broader ...

Lloyd's has been one of the most vocal financial firms about the need for an EU subsidiary if Britain's access to the EU market is restricted after leaving the bloc and is one of the first to announce such a move.

The head of the International Monetary Fund called today for quick action to end uncertainty over Britain's vote to leave the European Union, which she said is dampening global economic growth.

After a slump in 2008 during the global financial crisis, the sector recovered, first tentatively and then at full pelt, with average prices this year reaching 54 per cent higher than their pre-crisis peak.

Both crude oil benchmarks had climbed on Tuesday after financial markets shook off some of the shock of last week's referendum in Britain in which most voters elected to exit the EU, triggering turmoil across markets and regions.

European shares rose for the first time in three days on Tuesday after a heavy sell-off following Britain's shock vote to leave the European Union, on hopes of a more co-ordinated central bank response to financial market losses, and on firmer oil prices.

Asian stocks rose for the first time in three days on Tuesday while sterling and other currencies advanced as investors scooped up beaten down assets after Britain's vote to exit the European Union stunned financial markets.

British financial markets were engulfed in further turmoil on Monday, with 10-year government borrowing costs sinking below 1 per cent for the first time and sterling hitting a 31-year low against the dollar as investors bet Britain's vote to leave the European Union will trigger a Bank of England rate cut.

Britain's shock vote to leave the European Union could derail a raft of financial services projects agreed between China and the United Kingdom, which for years has marketed itself to Beijing as its best economic and financial friend in Europe.

As Brexit roiled financial markets, top industry leaders on Friday said India cannot be in a denial mode as the referendum has opened a "pandora's box of grave uncertainties" and Indian companies, especially in IT sector, will have to rework their strategies for the region.

The UK's decision to vote for Brexit led to a 10 per cent crash in pound and triggered carnage in global financial markets on Friday. The BSE Sensex also fell sharply, plunging as much as 1,091 points in the wake of Brexit-led global volatility.

RBI Governor Raghuram Rajan and heads of central banks from across the world got into a huddle today in this Swiss town as Britain's vote to exit European Union gave an early morning shock to the financial markets globally.

Sharp falls in oil, base metals and grains mimicked other financial markets, which dived as complete results from a British referendum showed a near 52-48 percent split for the UK leaving the EU.

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union.

Britain has announced a fast-track visa scheme for jobs at fintech firms after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.

Domestic share markets registered new record highs on Tuesday tracking gains across global markets, as hopes that a US COVID-19 relief package would be expanded and a Brexit trade deal supported investor risk appetite. The S&P BSE Sensex index rose 360.8 points, or 0.76 per cent, to an all-time high of 47,714.55 during the session, and the broader ...

Lloyd's has been one of the most vocal financial firms about the need for an EU subsidiary if Britain's access to the EU market is restricted after leaving the bloc and is one of the first to announce such a move.

The head of the International Monetary Fund called today for quick action to end uncertainty over Britain's vote to leave the European Union, which she said is dampening global economic growth.

After a slump in 2008 during the global financial crisis, the sector recovered, first tentatively and then at full pelt, with average prices this year reaching 54 per cent higher than their pre-crisis peak.

Both crude oil benchmarks had climbed on Tuesday after financial markets shook off some of the shock of last week's referendum in Britain in which most voters elected to exit the EU, triggering turmoil across markets and regions.

European shares rose for the first time in three days on Tuesday after a heavy sell-off following Britain's shock vote to leave the European Union, on hopes of a more co-ordinated central bank response to financial market losses, and on firmer oil prices.

Asian stocks rose for the first time in three days on Tuesday while sterling and other currencies advanced as investors scooped up beaten down assets after Britain's vote to exit the European Union stunned financial markets.

British financial markets were engulfed in further turmoil on Monday, with 10-year government borrowing costs sinking below 1 per cent for the first time and sterling hitting a 31-year low against the dollar as investors bet Britain's vote to leave the European Union will trigger a Bank of England rate cut.

Britain's shock vote to leave the European Union could derail a raft of financial services projects agreed between China and the United Kingdom, which for years has marketed itself to Beijing as its best economic and financial friend in Europe.

As Brexit roiled financial markets, top industry leaders on Friday said India cannot be in a denial mode as the referendum has opened a "pandora's box of grave uncertainties" and Indian companies, especially in IT sector, will have to rework their strategies for the region.

The UK's decision to vote for Brexit led to a 10 per cent crash in pound and triggered carnage in global financial markets on Friday. The BSE Sensex also fell sharply, plunging as much as 1,091 points in the wake of Brexit-led global volatility.

RBI Governor Raghuram Rajan and heads of central banks from across the world got into a huddle today in this Swiss town as Britain's vote to exit European Union gave an early morning shock to the financial markets globally.

Sharp falls in oil, base metals and grains mimicked other financial markets, which dived as complete results from a British referendum showed a near 52-48 percent split for the UK leaving the EU.

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union.