Federal Reserve chairman KEVIN WARSH said the committee held extensive discussions on geopolitical and technical issues.

Samsung Electronics said Q4 DRAM bit growth will be 15-20%.

The UK chancellor said in their first budget the annual tax-free cash ISA allowance will remain at £20,000 (about $26,570), reversing a planned reduction. Former chancellor Reeves had proposed cutting the cash ISA allowance for under-65s to £12,000 from next year to channel savings into UK equities. The decision is expected to be welcomed by consumer groups and banks; stable ISA deposits should support mortgage funding for banks and building societies.