Interest rates need to rise at 'steady pace': ECB chief ESCHBORN: European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a... Published 24 Jan, 2023 01:29am
Business & Finance ECB’s Stournaras says interest rate hikes must be more gradual ATHENS: The European Central Bank must raise interest rates more gradually given the economic growth slowdown in... Published 23 Jan, 2023 06:28pm
World 2023 economy will be ‘a lot better than feared’: Lagarde DAVOS: The eurozone economy will fare “a lot better” this year than initially feared, European Central Bank chief... Published 19 Jan, 2023 05:40pm
Opinion ECB union says staff losing faith in leadership over inflation, pay European Central Bank staff are losing confidence in the institution’s leadership following the ECB’s failure to... Published 19 Jan, 2023 05:58am
Business & Finance ECB must keep raising rates to fight off inflation, Lane says FRANKFURT: The European Central Bank must raise interest rates to a level that starts to restrict growth and their... Published 17 Jan, 2023 11:19am
Business & Finance ECB needs several more significant rate hikes, Rehn says FRANKFURT: The European Central Bank must still raise interest rates “significantly” over its coming meetings to... Published 11 Jan, 2023 08:39pm
Markets European shares start 2023 on upbeat note on encouraging factory data PARIS: European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested... Published 03 Jan, 2023 03:25am
Business & Finance ECB must stop quick wage growth from fuelling inflation, Lagarde says FRANKFURT: Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this... Published 31 Dec, 2022 12:39pm
Business & Finance Investment banks ramp up peak rates forecasts after hawkish ECB LONDON: A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the... Published 19 Dec, 2022 07:27am
Markets Gold faces worst week in 4 as Fed hardens inflation stance NEW YORK: Gold was set for its biggest weekly decline since mid-November despite a recovery on Friday, after the US... Published 19 Dec, 2022 06:00am
Markets European shares post worst weekly loss in months as recession fears mount PARIS: European shares slid on Friday, ending the week sharply lower after major central banks flagged further rate... Published 19 Dec, 2022 06:00am
Business & Finance Euro spikes, then drops after hawkish ECB NEW YORK: The euro fell on Thursday as investors took profits from a brief surge in the currency after European... Published 16 Dec, 2022 05:58am
Business & Finance ECB, BoE raise interest rates LONDON: The European Central Bank and Bank of England raised its key interest rates on Thursday and indicated that... Published 16 Dec, 2022 05:58am
Business & Finance ECB to raise scrutiny of banks’ credit risk, funding FRANKFURT: The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding,... Published 13 Dec, 2022 05:58am
World Europe’s inflation problem will linger for years to come FRANKFURT: Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back... Published 12 Dec, 2022 07:31am
Business & Finance Euro zone yields hover near lowest levels in months ahead of ECB meeting LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors... Published 09 Dec, 2022 05:58am
Business & Finance Eurozone inflation falls for first time in 17 months BRUSSELS: The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10... Published 01 Dec, 2022 07:08am
Sports Decision on start of first Test to be made on Thursday morning: PCB The Pakistan Cricket Board (PCB) and England and Wales Cricket Board (ECB) on Wednesday agreed to delay the decision... Published 30 Nov, 2022 09:15pm
Sports Virus hits England camp, may delay Rawalpindi Test England’s preparation for the opening Test against Pakistan has been thrown into disarray by a virus sweeping... Published 30 Nov, 2022 05:36pm
Opinion Investors left scratching heads as ECB bosses spar on outlook The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving... Published 26 Nov, 2022 04:13am
Business & Finance Dollar rises with bets on hawkish Fed NEW YORK/LONDON: The dollar rose on Thursday as US Treasury yields increased and investors bet on a relatively... Published 18 Nov, 2022 05:53am
Business & Finance Crypto turmoil ‘not a surprise’, says ECB FRANKFURT: The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the... Published 16 Nov, 2022 05:50pm
World Greener economies can reduce energy price ‘spikes’, says Lagarde FRANKFURT: Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases,... Published 07 Nov, 2022 05:17pm
Business & Finance ECB’s next rate move likely between 50 and 75 bps AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy... Published 31 Oct, 2022 05:55am
Business & Finance ECB’s next rate move likely between 50 and 75 bps, Knot says AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy... Published 30 Oct, 2022 04:56pm
Markets European stocks recoup losses after ECB hikes rate as expected LONDON: European stocks emerged from their session lows and closed nearly flat on Thursday after the European... Published 28 Oct, 2022 05:58am
Business & Finance Euro falls against the dollar after ECB rate hike, US data NEW YORK: The euro briefly fell back below parity with the dollar on Thursday after the European Central Bank (ECB)... Published 28 Oct, 2022 05:58am
Print Europe risks ‘deeper recessions’ on war and inflation: IMF WASHINGTON: Downturns in parts of Europe could turn into “deeper recessions” across the continent as energy... Updated 24 Oct, 2022 09:58am
Markets Fed and ECB right to tighten policy: IMF’s Gopinath BERLIN: Inflation in the United States is “very stubborn” and the Federal Reserve should “stay the course” and... Published 17 Oct, 2022 12:45pm
Business & Finance ECB will raise rates as high as needed to rein in core inflation PARIS: The European Central Bank will raise interest rates as much as needed to bring down core inflation although... Published 04 Oct, 2022 05:46pm
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’