European shares slip after recent rally PARIS: European shares paused on Thursday afters recent strong gains, while data in Germany added to worries that ... Published 08 Dec, 2023 05:20am
Markets Germany’s DAX touches fresh record high PARIS: Germany’s benchmark index scaled a fresh all-time high on Wednesday after disappointing industrial orders... Published 07 Dec, 2023 04:35am
Business & Finance Dollar touches 2-week high, euro weaker NEW YORK: The US dollar touched a two-week high on Wednesday, while the euro was weak across the board as markets... Published 07 Dec, 2023 04:35am
Markets European shares take a breather after sharp rally last week PARIS: Miners and energy stocks dragged Europe’s benchmark index marginally lower on Monday, hurt by weak ... Published 05 Dec, 2023 03:01am
Business & Finance Euro zone corporate lending contracts as economy shrinks FRANKFURT: Bank lending to businesses across the euro zone fell for the first time since 2015 last month, data from... Published 04 Dec, 2023 05:35am
World Digital bank robberies key risk for central bank e-money, BIS report warns LONDON: Digital bank robberies and other cyber hacks will be a key risk for countries launching digital versions of... Published 30 Nov, 2023 04:53am
Markets German shares rally as easing inflation boosts ECB rate cut bets PARIS: German shares rallied on Wednesday after better-than-expected inflation data in the euro zone’s largest... Published 30 Nov, 2023 04:53am
Markets European stocks stall after comments from ECB officials PARIS: European shares fell for a second session on Tuesday, stalling November’s strong run of gains, after... Published 29 Nov, 2023 05:09am
Markets European shares rise to fresh two-month peak PARIS: European shares rose on Thursday, supported by gains in energy stocks, while investors digested minutes of ... Published 24 Nov, 2023 05:29am
Business & Finance Eurozone financial stability outlook fragile: ECB FRANKFURT: The eurozone financial stability outlook remains fragile as tighter financing conditions, high inflation... Published 22 Nov, 2023 05:25pm
Markets Italian shares lag European peers as banks drag PARIS: Italian shares lagged European peers on Tuesday as banking stocks weighed, while investors awaited minutes... Published 22 Nov, 2023 05:48am
Business & Finance Lagarde warns against premature inflation celebration FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ... Published 22 Nov, 2023 05:48am
Business & Finance Dollar falls to two-month low on Fed view, yen strengthens NEW YORK: The dollar index fell to its lowest in more than two months on Monday, extending a slide from the prior... Published 21 Nov, 2023 06:01am
World European countries differ over windfall taxes on banks STOCKHOLM: Some European countries have imposed windfall taxes on banks’ profits to help fund their response to ... Published 20 Nov, 2023 06:28am
Markets European shares end higher as bond yields slide PARIS: European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing... Published 18 Nov, 2023 06:03am
Business & Finance Dollar poised for steep weekly fall NEW YORK: The dollar headed toward one of its steepest weekly declines versus other major currencies this year on... Published 18 Nov, 2023 06:03am
Markets European shares ease from 3-week high PARIS: European shares fell on Friday, hurt by higher bond yields, as hawkish comments from the US Federal Reserve... Published 11 Nov, 2023 06:30am
Business & Finance Dollar steady against euro, yen weakens NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that... Published 11 Nov, 2023 06:30am
Markets European shares rise on strong earnings PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while... Published 09 Nov, 2023 05:38am
Markets Real estate stocks lead European shares to biggest weekly gain PARIS: Europe’s benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by... Published 04 Nov, 2023 06:00am
Markets European shares rise on retail, healthcare boost PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for... Published 02 Nov, 2023 03:16am
Markets Oil slightly up as further ECB rate hikes unlikely HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central... Published 01 Nov, 2023 05:57am
Business & Finance Eurozone banks tighten credit standards further: ECB FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a... Published 30 Oct, 2023 05:24am
Markets European shares steady on mixed earnings PARIS: European shares ended flat on Wednesday amid mixed earnings reports, as a slump in shares of French payment... Published 26 Oct, 2023 06:08am
Business & Finance Eurozone business activity going from ‘bad to worse’ BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched... Published 25 Oct, 2023 06:19am
Markets ECB set to hold rates as inflation drifts downwards BERLIN: For the first time in over a year, European Central Bank policymakers are expected to decide against raising... Published 23 Oct, 2023 11:40am
Markets Markets worried about Italy’s ability to grow: ECB’s Visco ROME: Market concerns about Italy are centred on whether or not its economy will be able to grow in coming years,... Published 13 Oct, 2023 01:48pm
Opinion Elusive macroeconomic stability In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of... Published 22 Sep, 2023 03:40am
Markets Slump in SocGen, ECB policymakers’ hawkish tone weigh on European stocks PARIS: European shares fell on Monday as French bank Societe Generale’s shares slumped after a keenly awaited... Published 19 Sep, 2023 06:31am
Business & Finance ECB policymakers push back on rate cut expectations SANTIAGO DE COMPOSTELA: The European Central Bank will keep interest rates high for an extended period and could... Published 15 Sep, 2023 05:11pm