European shares slide as US inflation hots up, euro falls below parity PARIS: European shares fell on Wednesday as higher than expected US inflation data raised bets about more aggressive... Published 14 Jul, 2022 05:00am
World Hackers posing as Merkel target ECB’s Lagarde FRANKFURT: Unidentified hackers attempted to trick European Central Bank President Christine Lagarde into letting... Published 13 Jul, 2022 05:48am
Markets ECB urges banks to ‘step up’ climate risk management FRANKFURT: The European Central Bank on Friday called on banks to improve their preparations for future... Published 08 Jul, 2022 02:36pm
Opinion Euro’s 20-year low leaves ECB facing costly choices The euro’s tumble towards parity against the dollar has pushed the European Central Bank back against a wall,... Published 08 Jul, 2022 05:36am
Markets Euro zone yields rise as rush to safe-haven assets pauses Euro zone government bond yields rose on Monday as investors paused their bond buying after rushing into safe-haven... Published 04 Jul, 2022 02:34pm
Markets Dollar holds firm as growth fears stalk markets SINGAPORE: The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was under... Published 04 Jul, 2022 10:04am
Markets Gulf bourses end mixed; Egypt hits lowest in over 2 years DUBAI: Stock markets in the Gulf ended mixed on Sunday, with the Saudi index extending losses as investors fret that... Published 04 Jul, 2022 06:17am
Markets Global stocks mixed as eurozone inflation hits record NEW YORK: Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, ... Published 04 Jul, 2022 06:17am
Markets European stocks fall as hawkish c bank bets fan recession fears LONDON: European shares fell on Wednesday, as fears about a global recession deepened after chiefs of the European... Published 30 Jun, 2022 06:07am
Business & Finance Bank of England may not need to act forcefully, says Bailey SINTRA, (Portugal): The Bank of England will not necessarily have to act “forcefully” to get inflation under... Published 30 Jun, 2022 06:07am
Markets ECB to drain cash in offset to new yield-capping scheme SINTRA: The European Central Bank will likely drain cash from the banking system to offset any bond purchases made... Published 28 Jun, 2022 10:37am
Business & Finance Euro slumps after bleak PMIs, dollar drops vs yen LONDON/NEW YORK: The euro fell across the board on Thursday as weaker-than-expected German and French PMI data... Published 24 Jun, 2022 06:15am
Markets Banks, energy stocks fuel rebound in European shares • Wall Street shut for holiday, US futures up • France’s Macron loses majority • Bitcoin below $20k... Published 21 Jun, 2022 05:51am
Business & Finance Euro edges higher with focus on ECB, dollar retreats LONDON: The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the... Published 21 Jun, 2022 05:51am
Business & Finance Dollar eases ahead of Fed interest rate decision NEW YORK: The dollar edged lower against a basket of currencies on Wednesday but remained near the two-decade high... Published 16 Jun, 2022 06:03am
Markets Toxic cocktail darkens outlook for British pound LONDON: A toxic cocktail of sluggish growth and high inflation, plus Brexit and fallout from the coronavirus... Published 10 Jun, 2022 10:33am
Markets Asian markets track global sell-off on inflation, rate fears HONG KONG: Asia extended losses across world markets on Friday after the European Central Bank laid the groundwork... Published 10 Jun, 2022 09:42am
Markets Euro zone shares slide 1pc after ECB signals rates lift-off LONDON: European shares hit two-week lows on Thursday after the European Central Bank signalled a higher interest... Published 10 Jun, 2022 06:16am
Markets Euro edges up, yen languishes as all eyes on ECB meeting HONG KONG: The yen dropped to a new 20-year low versus the dollar on Thursday, and the euro inched higher ahead of a... Published 09 Jun, 2022 12:16pm
Markets With inflation on rise, ECB readies tougher action AMSTERDAM: The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as... Published 09 Jun, 2022 11:25am
Business & Finance Dollar slips, euro gains ahead of ECB announcement NEW YORK: The dollar slipped against a basket of major currencies for a second straight day on Wednesday but still... Published 09 Jun, 2022 06:18am
Markets Banks, commodity stocks lift European shares PARIS: European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for... Published 07 Jun, 2022 05:47am
Markets ECB’s Enria hopes European banks will exit Russia soon TRENTO: The European Central Bank hopes euro zone banks will soon sell their Russian assets, the ECB’s top... Published 03 Jun, 2022 06:17pm
Markets Record high inflation pushes eurozone shares to session lows LONDON: Eurozone shares hit session lows on Tuesday after data showed inflation rose to a record high in May,... Published 01 Jun, 2022 05:53am
Markets ECB should keep 50 bps hike on table, possibly for Sept: Kazimir MIKULOV: Record-high euro zone inflation requires the European Central Bank to raise interest rates in July and... Updated 31 May, 2022 07:11pm
Markets ECB should hike rates by 25 basis point increments: Lane MADRID: The European Central Bank should raise interest rates by 25 basis point increments in July and September,... Published 30 May, 2022 11:36am
Business & Finance Euro zone government bond yields fall, focus on ECB LONDON: Euro zone government bond yields fell on Friday as investors shrugged off US inflation data and kept their... Published 30 May, 2022 05:53am
Markets Lagarde gains key allies for rate hike plans DAVOS/FRANKFURT: European Central Bank President Christine Lagarde gained key allies for her plan to raise rates out... Published 25 May, 2022 04:35pm
Markets ECB plans end to negative rates era as inflation soars FRANKFURT: Negative interest rates will soon be a thing of the past in the eurozone, the ECB’s chief signalled... Updated 23 May, 2022 05:14pm
Markets Bitcoin back below $30,000; European regulators renew crypto warnings HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ... Updated 16 May, 2022 04:08pm