Trump’s win emboldens dollar bulls as they brace for tariffs NEW YORK: Donald Trump’s imminent return to the White House is putting a spotlight on the US dollar, which could... Published 07 Nov, 2024 11:22am
Business & Finance Deutsche Bank says now expects a faster ECB rate-cutting cycle LONDON: Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with... Published 26 Sep, 2024 01:50pm
Markets European shares edge higher as miners support European shares inched higher on Tuesday following a subdued start to the week, supported by heavyweight miners,... Published 27 Aug, 2024 01:26pm
Business & Finance Deutsche Bank strikes deal with Postbank ex-shareholders BERLIN: Deutsche Bank said Wednesday it had settled a dispute with dozens of former shareholders of Postbank who... Published 22 Aug, 2024 11:52am
Business & Finance Deutsche Bank declares PLS rates KARACHI: The Deutsche Bank has declared PLS rates June 30, 2024. =========================================== Type ... Published 26 Jul, 2024 06:21am
Markets European shares end lower as earnings whirlwind disappoints PARIS: European shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH weighed on... Published 25 Jul, 2024 06:35am
Business & Finance First Abu Dhabi Bank gives initial guidance for $750mn debt sale The UAE’s First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital... Published 09 Jul, 2024 01:20pm
Print Russia seizes Deutsche Bank, UniCredit assets MOSCOW: A Russian court has ruled that Deutsche Bank and UniCredit’s assets in Russia are to be seized, documents... Updated 19 May, 2024 09:29am
Markets Europe’s STOXX 600 closes at record high on earnings cheer PARIS: Europe’s main index ended Wednesday at a record high as investors cheered strong earnings from the likes of... Published 09 May, 2024 03:11am
Markets European stocks eke out gains after German inflation data PARIS: European shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while... Published 30 Apr, 2024 03:43am
Business & Finance Deutsche Bank posts better-than-expected 10% rise in Q1 net profit FRANKFURT: Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence... Published 25 Apr, 2024 10:50am
Markets Asia stocks shaky ahead of Fed, yen hits 4-month low SYDNEY: Asian shares were hesitant on Wednesday on concerns the Federal Reserve could signal a slower path of rate... Published 20 Mar, 2024 10:27am
Markets Yen sinks as currency traders keep short and carry on SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth... Published 23 Feb, 2024 08:55am
Business & Finance Deutsche Bank no longer expects US recession in 2024 Deutsche Bank no longer expect the US economy to tip into recession this year, given cooling inflation and the labor... Published 06 Feb, 2024 01:41pm
Business & Finance Deutsche Bank to cut 3,500 jobs and reward shareholders FRANKFURT: Deutsche Bank said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest... Published 01 Feb, 2024 02:00pm
Business & Finance Bitcoin down 20pc from post-ETF highs LONDON: Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved ... Published 24 Jan, 2024 05:07am
Business & Finance Deutsche Bank declares PLS profit rates KARACHI: The Deutsche Bank has declared the following profit rates on PLS deposit for Jul-Dec, 2023. Type of... Published 19 Jan, 2024 05:37am
Markets European shares steady on mixed earnings PARIS: European shares ended flat on Wednesday amid mixed earnings reports, as a slump in shares of French payment... Published 26 Oct, 2023 06:08am
Markets Deutsche Bank Q3 profit falls 8%, but more optimistic on revenue FRANKFURT: Deutsche Bank on Wednesday posted a better-than-expected 8% drop in third-quarter profit, as revenue at... Published 25 Oct, 2023 11:15am
Business & Finance Shamshad meets Iranian FM, Deutsche Bank leadership ISLAMABAD: Federal Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar met with Finance Minister... Updated 14 Oct, 2023 08:59am
Markets European shares fall 1pc as bond yields surge PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners... Published 04 Oct, 2023 06:20am
Business & Finance Deutsche Bank profits fall as litigation charges weigh FRANKFURT: Deutsche Bank reported Wednesday a heavy fall in second-quarter profits as Germany’s biggest lender was... Published 31 Jul, 2023 06:43am
Business & Finance Foreign lenders in talks to finance part of Adani Group’s Ambuja debt BENGALURU: Barclays, Deutsche Bank AG and Standard Chartered are in talks to collectively lend between $600 million... Published 27 Jul, 2023 06:15pm
Markets Deutsche Bank flags cost cuts as investment bank slump lowers profit FRANKFURT: Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as investment banking revenue... Published 26 Jul, 2023 12:31pm
Business & Finance Deutsche Bank declares PLs rates KARACHI: Deutsche Bank has declared PLs rates June 30, 2023 .... Published 20 Jul, 2023 03:12am
Business & Finance Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion... Published 05 Jul, 2023 06:00am
Business & Finance Deutsche Bank plans to cut 10% of 17,000 German retail jobs FRANKFURT: Deutsche Bank is drawing up plans to cut 10% of its 17,000 German retail jobs over the next few years as... Published 22 Jun, 2023 07:03pm
Markets Australia, NZ dollars rebound from lows, await RBA’s line-ball rate decision SYDNEY: The Australia and New Zealand dollars rebounded from earlier dips on Monday, helped by China’s data showing... Published 05 Jun, 2023 11:48am
Business & Finance Deutsche Bank used big trades to raise cash in March turmoil Francesco Canepa and Tom Sims FRANKFURT: As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a... Published 29 May, 2023 04:27am
Business & Finance India’s Go First Airways owes financial creditors $798mn MUMBAI: Indian airline Go First, which filed for bankruptcy on Tuesday, owes financial creditors 65.21 billion... Published 03 May, 2023 10:29am