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Dollar treads water; sterling soars to one-year high

The dollar steadied on Wednesday, with investors expecting another quiet day for the currency ahead of key inflation data due on Thursday that will be closely watched by the U.S. Federal Reserve as it considers when to raise interest rates. With most currencies trading in narrow ranges,...

Cambodian opposition blocked from holding memorial service

Cambodia’s main opposition party was blocked from holding a memorial ceremony on Wednesday for victims of a 1997 grenade attack on a political rally, with tension running high after the arrest of its leader. Kem Sokha, leader of the Cambodia National Rescue Party (CNRP), was arrested...