ECB is ‘not almighty’ against weak euro zone growth, de Guindos says FRANKFURT: The European Central Bank is “not almighty” in reviving the euro zone’s weak growth, which is mostly due... Published 20 Nov, 2024 03:27pm
Markets Euro zone yields retrace lower; focus on inflation picture LONDON: Euro zone government bond yields edged lower on Tuesday, retracing some of the previous day’s rise that came... Published 19 Nov, 2024 01:26pm
Markets Dollar rally stalls, giving yen respite SINGAPORE: The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar... Published 19 Nov, 2024 10:11am
Markets Shares rise ahead of Nvidia results; BOJ’s Ueda offers few rate hints SINGAPORE: Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from... Published 18 Nov, 2024 10:34am
Business & Finance Trade war would weigh on Europe’s already weak outlook, ECB warns LONDON: Euro zone growth may be weaker than earlier thought and fresh barriers to global trade could lead to a... Published 07 Nov, 2024 06:16am
Markets Yen struggles before BOJ decision; dollar steady ahead of jobs data TOKYO: The yen remained under pressure on Thursday as the Bank of Japan looked set to keep ultra-low interest rates... Published 31 Oct, 2024 09:40am
Markets No urgency for ECB to speed up policy easing, Wunsch says There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small,... Published 28 Oct, 2024 11:29am
Markets Bitcoin at 3-month high as Trump odds drive currencies SINGAPORE: Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set... Published 21 Oct, 2024 09:49am
Business & Finance ECB to keep options open in face of undershooting risk, Villeroy says PARIS: The European Central Bank is keeping its options fully open at upcoming interest rate meetings as the risk of... Published 18 Oct, 2024 01:50pm
Markets Aussie hit by China stimulus scepticism; US dollar firm on Fed outlook TOKYO: The Australian and New Zealand dollars slumped on Wednesday as scepticism grew about top trading partner... Published 16 Oct, 2024 10:08am
Business & Finance With inflation down, ECB eyes faster tempo of rate cuts FRANKFURT: The European Central Bank is expected to lower interest rates again this week as anxiety about inflation... Published 14 Oct, 2024 10:59am
Markets German 10-year yields hit fresh one-month high after Fed minutes, before data German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal... Published 10 Oct, 2024 11:54am
Business & Finance ECB’s Stournaras backs two quarter-point rate cuts in 2024, FT says European Central Bank (ECB) policymaker Yannis Stournaras is backing two interest rate cuts this year and expects... Published 09 Oct, 2024 10:38am
Business & Finance ECB will probably cut rates in Oct on risk of too low inflation: Villeroy FRANKFURT: The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and this... Published 07 Oct, 2024 11:29am
Markets Dollar sturdy after Powell pushes back on aggressive easing bets TOKYO: The US dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back... Published 01 Oct, 2024 10:07am
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 Currencies listless as markets waffle over Fed rate cut SINGAPORE: The yen lounged around its highest levels for the year on Monday in trading thinned by a holiday in... Published 16 Sep, 2024 10:23am
Business & Finance Top ECB governors voice confidence on inflation and rates BUDAPEST/FRANKFURT: The European Central Bank’s two biggest shareholders expressed confidence on Friday about the... Published 13 Sep, 2024 01:49pm
Business & Finance ECB cuts interest rates as growth dwindles FRANKFURT: The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth... Updated 13 Sep, 2024 07:27am
World Brussels explores Draghi option of extending up to $385 billion in EU debt, FT reports European Union (EU) officials are examining ways to roll over hundreds of billions of euros of COVID-19 era bonds in... Published 12 Sep, 2024 10:46am
Markets Dollar firm as inflation data douse bets for big Fed rate cut TOKYO: The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US... Published 12 Sep, 2024 09:54am
Markets European stocks, dollar recover from US jobs disappointment LONDON: European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about... Updated 09 Sep, 2024 05:35pm
Markets European shares down as investors digest mixed US data PARIS: European shares fell for a fifth straight session on Friday in their worst day since early August, after a... Published 07 Sep, 2024 06:59am
Business & Finance ECB policymakers at odds over downturn’s impact, sources say FRANKFURT: European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could... Published 02 Sep, 2024 10:44am
Markets Dollar edges to two-week high vs euro as US payroll data looms TOKYO: The dollar climbed to a two-week top against the euro on Monday as traders pared bets for aggressive policy... Published 02 Sep, 2024 10:09am
Markets Dollar set to snap 5-week losing streak as Fed cut bets pared TOKYO: The dollar traded near a one-week high versus major peers on Friday, on track to snap a five-week losing run,... Published 30 Aug, 2024 10:12am
Markets Euro zone yields steady as light calendar leaves focus on Nvidia LONDON: Euro zone bond yields were little changed on Wednesday after rising the previous day, as a light economic... Published 28 Aug, 2024 01:32pm
Markets Yen, Swiss franc near highs amid US slowdown fears; sterling swoons TOKYO: The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after... Published 02 Aug, 2024 10:05am
Business & Finance ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged as expected on Thursday, with its president... Published 19 Jul, 2024 06:58am
Business & Finance ECB eyes summer pause on bumpy road to disinflation FRANKFURT: European Central Bank policymakers are expected to leave borrowing costs on hold Thursday, buying time to... Published 18 Jul, 2024 10:11am