STOXX 600 falls on banks drag; tech contains losses on ASMI boost PARIS: Europe’s benchmark stock index dropped on Wednesday as financials sagged on disappointing earnings from... Published 25 Apr, 2024 03:05am
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
Markets Europe’s STOXX 600 flat as energy counters strength in industrials PARIS: Europe’s benchmark stock index closed on a subdued note on Monday, as energy shares dropped on weak oil... Published 16 Apr, 2024 03:38am
Markets Europe’s STOXX 600 flat on rising Middle East tensions PARIS: European shares were flat on Friday after hitting a one-week high in early trade, as rising tensions in the... Published 15 Apr, 2024 03:56am
Business & Finance Dollar jumps on central bank divergence NEW YORK: The euro stumbled to a five-month low against the dollar on Friday after the European Central Bank... Published 15 Apr, 2024 03:56am
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 European shares rebound from one-month low; ECB rate verdict up next European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with... Published 10 Apr, 2024 10:14pm
Markets European stocks gain on German data as focus turns to ECB meeting PARIS: European shares climbed on Monday, led by cyclical stocks, after strong industrial production data from the... Published 09 Apr, 2024 05:06am
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
Markets European stocks dragged down by healthcare PARIS: European stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors... Published 03 Apr, 2024 05:29am
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
World Global warming to raise food prices, inflation: study PARIS: Global warming and heatwaves are expected to further increase food prices and overall inflation across the... Published 23 Mar, 2024 05:41am
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
Markets Yen gains as bets firm for imminent rate hike; sterling slides TOKYO: The yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest... Published 11 Mar, 2024 09:24am
Markets Europe’s STOXX 600 jumps 1pc after ECB rate decision PARIS: Europe’s main index leapt on Thursday, after the European Central Bank kept rates steady on signs of ... Published 08 Mar, 2024 03:14am
Business & Finance Dollar slips vs euro NEW YORK: The dollar fell against the euro on Thursday after the ECB kept rates steady even as it acknowledged... Published 08 Mar, 2024 03:14am
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
Markets Tech, financials steer Europe’s STOXX 600 to record high PARIS: Europe’s main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while... Published 07 Mar, 2024 04:59am
Business & Finance US dollar slips to one-month low NEW YORK: The US dollar slipped to a one-month low against the euro on Wednesday after US Federal Reserve Chair... Published 07 Mar, 2024 04:59am
Markets European shares slip after China reforms underwhelm PARIS: Europe’s main index dipped on Tuesday, as mining shares weakened with metal prices on a lack of substantial... Published 06 Mar, 2024 04:18am
Markets European stocks hover near record highs PARIS: European stocks settled just below all-time highs on Monday, as investors digested strong gains in recent... Published 05 Mar, 2024 03:09am
Markets Dollar eases as Fed clues awaited; bitcoin hits 2-year high TOKYO: The US dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more... Published 04 Mar, 2024 09:56am
Markets European shares edge up on earnings relief PARIS: European stocks climbed on Thursday as investors took comfort in upbeat earnings and an in-line US inflation... Published 01 Mar, 2024 02:59am
Business & Finance Dollar dips vs yen after Japan inflation data NEW YORK: The dollar was down slightly against the Japanese yen on Tuesday after data showing Japan’s core ... Published 28 Feb, 2024 06:10am
Markets Yen sinks as currency traders keep short and carry on SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth... Published 23 Feb, 2024 08:55am
Business & Finance ECB books first loss since 2004 as rate hikes bite FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,... Published 23 Feb, 2024 06:36am
Business & Finance ECB reports record loss for 2023 as rate hikes bite FRANKFURT: The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were... Published 22 Feb, 2024 04:24pm
Markets Europe’s STOXX 600 hits two-year high PARIS: Europe’s benchmark stock index hit its highest in over two years on Monday on strength in healthcare ... Published 20 Feb, 2024 03:09am
Markets European markets round off busy week of data PARIS: European shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of ... Published 17 Feb, 2024 05:51am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?