ECB should debate how much more it can cut rates, Schnabel says FRANKFURT: The European Central Bank is on track to lower inflation and cut interest rates but needs to have a deep... Published 19 Jan, 2025 02:32pm
Markets Europe’s shares in longest weekly winning streak FRANKFURT: European shares ended on a positive note on Friday, benefiting from a broad-based rally which was fuelled... Published 18 Jan, 2025 05:45am
Business & Finance ECB’s Centeno sees interest rates falling to about 2% as inflation under control LISBON: The European Central Bank should continue to lower interest rates to about 2% as inflation in the euro zone... Published 16 Jan, 2025 08:33am
Business & Finance Euro zone households could increase consumption, ECB chief economist says Euro zone households are likely to reduce their savings this year and consume more of their disposable income,... Published 15 Jan, 2025 11:10am
Business & Finance ECB to end policy restriction by midsummer at latest, Rehn says FRANKFURT: The European Central Bank will keep cutting interest rates and should end policy restriction in the... Published 14 Jan, 2025 11:52am
Business & Finance Eurozone inflation rises, likely forcing slower ECB rate cuts BRUSSELS, Belgium: Eurozone inflation rose in December as energy prices slightly ticked up, official data showed... Published 08 Jan, 2025 06:26am
Markets Euro zone yields hold steady ahead of inflation data Euro area bond yields held broadly steady on Tuesday ahead of inflation figures from the euro zone later in the day.... Published 07 Jan, 2025 01:06pm
Markets Shares patchy in Asia, Canadian dollar up on Trudeau report SYDNEY: Share markets got off to a patchy start in Asia on Monday ahead of a week brimming with economic news that... Published 06 Jan, 2025 08:11am
Markets Euro zone bond yields steady ahead of German and US data LONDON: Euro zone bond yields were little changed in subdued post-holiday trading on Friday, with German... Published 03 Jan, 2025 01:45pm
Business & Finance Euro zone bank lending is stuck in low gear, ECB data shows FRANKFURT: Lending to euro zone companies and households grew at a modest pace in November, pointing to a lacklustre... Published 02 Jan, 2025 03:36pm
Markets Dollar starts 2025 higher; yen rooted at five-month lows SINGAPORE: The U.S. dollar kicked off 2025 on the front foot on Thursday after a strong year of gain against most... Published 02 Jan, 2025 08:06am
Markets Dollar reigns with the support of higher yields SINGAPORE: The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S.... Published 30 Dec, 2024 07:57am
Markets Euro zone bond yields edge up to one-month high LONDON: Euro zone bond yields ticked up to their highest level in around a month on Monday as investors continued to... Published 23 Dec, 2024 02:21pm
Business & Finance Christine Lagarde says ECB very close to reaching its inflation goal, FT reports European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the... Published 23 Dec, 2024 11:46am
Business & Finance Brace! Risks stack up for the global economy in 2025 No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new... Published 23 Dec, 2024 11:34am
Markets Cryptocurrencies growing more popular in eurozone: ECB FRANKFURT: The number of eurozone consumers who own cryptocurrencies has more than doubled in the past two years,... Published 19 Dec, 2024 06:48pm
World Trump, not yet in office, already a figure in global economic policy WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump... Published 19 Dec, 2024 08:23am
Business & Finance ECB imposes extra capital charge on 13 banks over leverage risk FRANKFURT: The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging... Published 17 Dec, 2024 03:24pm
Business & Finance ECB’s Lagarde flags more rate cuts if inflation continues to ease FRANKFURT: The European Central Bank will cut interest rates further if inflation continues to ease towards its 2%... Published 16 Dec, 2024 01:51pm
Markets Europe’s STOXX 600 snaps three-week winning streak FRANKFURT: European stocks slipped on Friday, taking the main benchmark to its first weekly decline in three, as... Published 14 Dec, 2024 06:46am
Business & Finance ECB cuts rates again, keeps door open to further cuts FRANKFURT: The European Central Bank cut interest rates for the fourth time this year on Thursday, by quarter of a... Published 12 Dec, 2024 08:03pm
Markets ECB to cut interest rates again, signal further easing as growth falters FRANKFURT: The European Central Bank is all but certain to cut interest rates again on Thursday and signal further... Published 12 Dec, 2024 01:40pm
Markets Aussie drops after RBA softens tone; US dollar steady before CPI TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on... Published 10 Dec, 2024 09:50am
Business & Finance ECB to cut rates again amid bleak eurozone outlook FRANKFURT: The European Central Bank is expected to cut interest rates again this week amid a darkening outlook,... Published 09 Dec, 2024 12:30pm
Markets Loonie, Aussie in focus while US dollar idles SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings... Published 09 Dec, 2024 09:52am
Business & Finance Bitcoin hits $100,000 for first time NEW YORK: The euro rallied against the dollar on Thursday as French government bonds stabilized a day after the... Published 06 Dec, 2024 06:58am
Business & Finance ECB rate cut of 25 bps possible, not more, ECB’s Holzmann tells paper VIENNA: It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next... Published 04 Dec, 2024 12:46pm
Markets Tech surge propels STOXX 600 to near one-week high FRANKFURT: Europe’s STOXX 600 ended the week on a high note, bolstered by a rally in tech stocks, while investors... Published 30 Nov, 2024 07:37am
Markets Asian shares slip, yen aims for best week in 4 months on BOJ hike bets SYDNEY: Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local... Published 29 Nov, 2024 10:54am
Markets Yen surges to 150 per dollar amid growing BOJ rate hike bets TOKYO: The yen jumped as much as 1% to a six-week high at 150 per dollar on Friday, after faster than expected... Published 29 Nov, 2024 10:10am