Bank of Japan to trim bond buying, keeps rates steady TOKYO: The Bank of Japan decided on Friday to start trimming its huge bond purchases and announce a detailed plan... Published 14 Jun, 2024 10:51am
Business & Finance ECB’s Rehn sees considerable progress in bringing inflation down to target HELSINKI: The European Central Bank’s monetary policy has successfully dampened price pressures, Finnish ECB... Published 11 Jun, 2024 01:28pm
Markets European STOXX 600 falls as French stocks roiled by political uncertainty BENGALURU: European stocks dropped on Monday after French President Emmanuel Macron called a snap election following... Published 11 Jun, 2024 03:17am
Business & Finance ECB can sit out the summer before contemplating next rate cut, Kazimir says FRANKFURT: The European Central Bank should sit out the summer before contemplating another interest rate cut as... Published 10 Jun, 2024 03:10pm
Business & Finance US dollar rallies after jobs report NEW YORK: The US dollar jumped on Friday after data showed the world’s largest economy created a lot more jobs ... Published 08 Jun, 2024 07:00am
Markets Asia shares set for weekly gain on rate-cut rally SINGAPORE: Asian stocks are set to snap a two-week losing streak on Friday after major central banks kick-started... Published 07 Jun, 2024 10:25am
Markets ECB starts cutting rates even as inflation fight continues FRANKFURT: The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in... Published 06 Jun, 2024 05:32pm
Markets Europe rallies ahead of first ECB rate cut in nearly 5 years LONDON: World stocks were on the brink of an all-time high and the euro rose on Thursday ahead of what was widely... Published 06 Jun, 2024 05:26pm
Business & Finance ECB to start cutting rates from record highs FRANKFURT: The European Central Bank is expected to start cutting interest rates from record highs Thursday, its... Published 06 Jun, 2024 12:40pm
Markets Indian rupee pressed by equity outflows, supported by soft dollar MUMBAI: The Indian rupee is expected to open largely unchanged on Thursday amid foreign investors taking money out... Published 06 Jun, 2024 11:10am
Markets Euro steadies ahead of ECB decision, dollar dips SINGAPORE: The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank (ECB) where... Published 06 Jun, 2024 09:58am
Markets Dollar wallows at multi-month lows as Fed cut bets firm TOKYO: The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a... Published 04 Jun, 2024 09:50am
Markets European shares end lower on rate cut jitters; Richemont shines PARIS: European shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on... Published 18 May, 2024 05:45am
Markets 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