ECB raises rates, signals at least one more hike FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one... Published 03 Feb, 2023 06:17am
Markets ECB hikes rates again, says to ‘stay course’ FRANKFURT: The European Central Bank raised interest rates again Thursday and signalled it would “stay the course”... Updated 02 Feb, 2023 06:44pm
Markets Dollar plunges as Fed says disinflation now in play SINGAPORE: The dollar tumbled on Thursday after the US Federal Reserve said it had turned a corner in the fight... Published 02 Feb, 2023 09:30am
Markets European shares end lower but log January gain PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top... Published 01 Feb, 2023 07:26am
Business & Finance Dollar steady as central banks take central stage NEW YORK: The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day ... Published 31 Jan, 2023 07:03am
Markets Europe stocks slip as hot Spanish inflation data fan rate hike concerns PARIS: European shares slipped on Monday as hotter-than-expected inflation data from Spain added to market jitters ... Published 31 Jan, 2023 07:00am
Markets Oil slips as rate hikes loom and Russian flows stay strong LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong... Published 31 Jan, 2023 06:45am
Markets ECB to hike rates again, but outlook brightens FRANKFURT: The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate... Published 30 Jan, 2023 11:46am
Markets Asia shares welcome China back, ready for rate hikes SYDNEY: Asian shares edged higher on Monday into a week that is certain to see interest rates rise in Europe and the... Published 30 Jan, 2023 10:43am
Markets Dollar cautiously firm ahead of busy central bank week SINGAPORE: The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central... Published 30 Jan, 2023 09:40am
Markets Earnings optimism helps European shares snap two-day dip PARIS: European shares rose on Thursday as upbeat results eased some worries about a profit hit from higher ... Published 27 Jan, 2023 06:15am
Business & Finance Dollar up as data show US economy grew strongly in Q4 NEW YORK: The dollar edged higher against the euro on Thursday after data showed the US economy maintained a strong... Published 27 Jan, 2023 06:15am
Markets Dollar near eight-month low ahead of central bank meetings SINGAPORE: The dollar lolled near an eight-month low against its peers on Thursday, as a gloomy US corporate... Published 26 Jan, 2023 09:14am
Markets Oil prices firm on China demand optimism LONDON: Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens... Updated 26 Jan, 2023 04:45pm
Business & Finance Dollar edges down as traders look to central banks NEW YORK: The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make... Published 26 Jan, 2023 05:58am
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
Markets Indian rupee likely to climb past 81/USD on dollar slide, upbeat risk MUMBAI: The Indian rupee was expected to open higher against the US currency on Monday, tracking a further retreat... Published 23 Jan, 2023 11:04am
Markets Euro clears 9-month peak as ECB hawks let fly SYDNEY: The euro scaled a nine-month high on the dollar on Monday as more hawkish comments on European interest... Published 23 Jan, 2023 10:32am
Opinion Frankfurt ‘STIRs’ up euro clearing battle with London Frankfurt expands derivatives clearing on Monday in an early test of how well European Union ambitions to lure... Published 22 Jan, 2023 03:08am
Business & Finance Investors underpricing ECB rate hikes, Knot says FRANKFURT: Markets may be underestimating planned rate hikes by the European Central Bank and investors should take... Published 19 Jan, 2023 02:17pm
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
Markets ECB’s Kazaks pushes back on rate cut bets as core prices rise FRANKFURT: European Central Bank policymaker Martins Kazaks is pushing back on investor bets that the ECB will cut... Published 13 Jan, 2023 12:13pm
Markets European shares rise on bets of easing rate hikes PARIS: European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer... Published 12 Jan, 2023 07:11am
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 Euro zone yields rise amid doubts ECB will slow tightening Euro zone government bond yields rose on Tuesday as investors reckoned the economic outlook did not support a... Published 10 Jan, 2023 02:44pm
Markets ECB’s Centeno says interest rate close to peaking if no new shocks LISBON: The European Central Bank’s key interest rates should soon hit their peak amid efforts to bring down... Published 06 Jan, 2023 06:23pm
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
World Germany’s finance minister sees 2023 inflation at 7pc BERLIN: Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7% this year and to... Published 02 Jan, 2023 06:35am
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
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’