Euro zone yields rise after ECB’s Schnabel cautious on rate cuts beyond June Euro zone sovereign bond yields rose on Friday after European Central Bank (ECB) board member Isabel Schnabel said... Published 17 May, 2024 12:35pm
Business & Finance ECB’s Schnabel calls for caution in rate cuts beyond June, Nikkei reports TOKYO: European Central Bank (ECB) board member Isabel Schnabel said the central bank may slash interest rates in... Published 17 May, 2024 10:27am
World Geopolitical tensions threaten eurozone stability: ECB FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide... Published 17 May, 2024 05:50am
Business & Finance ECB grows more confident about cutting rates, policymakers say VILNIUS/FRANKFURT: The European Central Bank is growing more confident about cutting interest rates as euro zone... Published 06 May, 2024 07:26pm
Business & Finance ECB rate cut case getting stronger, says chief economist Lane FRANKFURT: The case for a European Central Bank interest rate cut in June is getting stronger as services inflation... Published 06 May, 2024 11:17am
Markets European shares end higher on tech support PARIS: European shares notched its biggest one-day gain since a week ago on Friday, driven by gains in the ... Published 04 May, 2024 05:48am
Business & Finance ECB’s Stournaras sees just three rate cuts in 2024 on strong growth FRANKFURT: The European Central Bank is “most likely” to cut interest rates just three times this year as... Published 03 May, 2024 01:43pm
Markets Yen clings to sharp gains after suspected intervention, Fed in focus TOKYO: The yen held its line against the dollar on Tuesday after making sharp gains the previous day in moves that... Published 30 Apr, 2024 10:09am
Markets Industrials boost STOXX 600 as earnings season rolls in PARIS: European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record... Published 19 Apr, 2024 05:07am
Business & Finance ECB ‘crystal clear’ on June rate cut, de Guindos says FRANKFURT: The European Central Bank has made it “crystal clear” that interest rates could be cut in June but has... Published 18 Apr, 2024 03:10pm
Business & Finance ECB holds rates at record highs, signals upcoming cut FRANKFURT: The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal... Published 11 Apr, 2024 07:36pm
Business & Finance ECB seen holding interest rates one last time FRANKFURT: The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but... Published 11 Apr, 2024 10:54am
Markets Dollar firm ahead of US CPI release; yen to face crucial test TOKYO: The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained... Published 10 Apr, 2024 11:23am
Business & Finance ECB tipped to pause one last time before June rate cut FRANKFURT: Buoyed by falling inflation, the European Central Bank is expected to keep borrowing costs on hold one... Published 08 Apr, 2024 11:22am
Markets Light wind in dollar’s sails after bumper US payrolls SINGAPORE: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to US inflation... Published 08 Apr, 2024 09:41am
Business & Finance ECB accounts show firming case for rate cuts FRANKFURT: European Central Bank policymakers are increasingly confident that inflation is heading back to their 2%... Published 04 Apr, 2024 05:27pm
Business & Finance ECB likely to start with ‘moderate’ rate cut this spring, Villeroy says PARIS: The European Central Bank (ECB) is likely to start off with a “moderate” interest rate cut this spring,... Published 30 Mar, 2024 04:58am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Business & Finance Dollar set for weekly rise NEW YORK: The dollar headed for a second week of gains on Friday, with a slight rate hike in Japan unable to halt ... Published 23 Mar, 2024 05:41am
Business & Finance ECB plans greater use of escalation powers with banks: Buch FRANKFURT: The European Central Bank plans to be more aggressive this year in escalating problems with lenders that... Published 21 Mar, 2024 01:29pm
Business & Finance Bank of England to hold rate despite slowing inflation LONDON: The Bank of England is widely expected to keep its main interest rate at a 16-year high Thursday, rejecting... Published 21 Mar, 2024 12:12pm
Business & Finance ECB cannot commit to rate path even after first cut, Lagarde says FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts... Published 20 Mar, 2024 04:56pm
Business & Finance ECB ready in June to discuss rate cuts, de Guindos says FRANKFURT: The European Central Bank will be in position to discuss an interest rate cut in June, Vice President... Published 19 Mar, 2024 02:17pm
Markets European stocks falter on US rate jitters PARIS: European shares dipped on Friday as risk sentiment remained subdued due to mounting concerns the Federal... Published 16 Mar, 2024 06:26am
Business & Finance Bank of England set to play for time before first rate cut LONDON: The Bank of England will probably keep investors guessing next week about when it is likely to start cutting... Published 15 Mar, 2024 11:36am
Markets Dollar steadies as traders weigh hotter-than-expected inflation TOKYO: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact... Published 13 Mar, 2024 09:55am
Business & Finance ECB policymakers line up behind upcoming rate cut FRANKFURT: European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming... Published 08 Mar, 2024 03:02pm
Markets Dollar droops ahead of payrolls SINGAPORE: The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome... Published 08 Mar, 2024 09:57am
Business & Finance ECB keeps rates on hold with inflation still sticky FRANKFURT: The European Central Bank froze interest rates again on Thursday as it held off from starting to cut... Updated 07 Mar, 2024 07:01pm
Business & Finance Dollar slips vs euro as data weighs NEW YORK: The dollar slipped against the euro on Tuesday after data showed US services industry growth eased and as... Published 06 Mar, 2024 04:18am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’