ECB’s Makhlouf undecided about rate rise beyond July DUBLIN: European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues... Published 24 Jun, 2023 02:57pm
Markets European shares posts best week in 2 months PARIS: European shares closed at a three-week high on Friday, underpinned by luxury and defensive stocks at the end... Published 19 Jun, 2023 06:55am
Business & Finance Yen sags to 15-year low vs euro after BOJ rate decision NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its... Published 19 Jun, 2023 06:55am
Business & Finance ECB raises rates to 22-year high even as economy stutters FRANKFURT: The European Central Bank raised borrowing costs to their highest level in 22 years on Thursday and left... Published 16 Jun, 2023 06:27am
Business & Finance ECB hikes rates to 22-year high and says not done yet FRANKFURT: The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in... Updated 15 Jun, 2023 07:55pm
Markets European markets mostly drop before ECB LONDON: Europe’s stocks mostly fell Thursday before an expected European Central Bank interest rate increase, and... Updated 15 Jun, 2023 05:34pm
Markets ECB tipped to hike rates again, as Fed hits pause FRANKFURT: The European Central Bank is expected to again hike interest rates on Thursday and signal that the fight... Published 15 Jun, 2023 10:57am
Markets Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75% PARIS: US investment bank Morgan Stanley said on Monday that it expected the European Central Bank (ECB) to end its... Published 05 Jun, 2023 11:42am
Business & Finance ‘No victory yet’, ECB says as inflation slows in key countries FRANKFURT: Falling inflation in top eurozone economies is “positive” news, a senior European Central Bank... Published 05 Jun, 2023 03:27am
Business & Finance Euro up after Lagarde promises rate hike WASHINGTON: The euro recovered from a two-month low Thursday after European Central Bank (ECB) President Christine... Published 02 Jun, 2023 03:56am
Business & Finance Dollar higher WASHINGTON: The US dollar rose strongly on Wednesday to a more than two-month high after data showed European... Published 01 Jun, 2023 03:34am
Markets European stocks hit two-month low on weak China data PARIS: European shares hit a two-month low on Wednesday as concerns about a global slowdown on China’s weak... Published 01 Jun, 2023 03:34am
Markets Higher rates ‘testing resilience’ of households, firms: ECB FRANKFURT: Higher interest rates to combat inflation are “testing the resilience” of eurozone households and... Published 31 May, 2023 03:16pm
Markets European stocks climb on US debt ceiling optimism PARIS: European stocks climbed on Thursday boosted by hopes of a breakthrough in the US debt ceiling stand-off, with... Published 19 May, 2023 06:17am
Markets European shares rise on Richemont earnings, energy boost PARIS: European shares rose on Friday on upbeat results from luxury major Richemont and gains in energy stocks, ... Published 15 May, 2023 06:41am
Opinion Pakistan, and international global financial order: Revisiting macroeconomic policy In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International... Published 05 May, 2023 06:44am
Business & Finance ECB slows rate hike pace but signals more to come FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more... Published 05 May, 2023 06:44am
Business & Finance ECB raises rates by 25 bps in inflation fight FRANKFURT: The European Central Bank raised interest rates by 25 basis points to 3.25% as expected on Thursday and... Published 04 May, 2023 05:30pm
Markets ECB’s Villeroy and Knot put bank rule changes on the table STOCKHOLM: Euro zone bank regulators should consider tweaking a raft of rules, from how much cash banks should hold... Published 28 Apr, 2023 12:12pm
Markets ECB will have to raise rates again on May 4, Lane tells Le Monde PARIS: The European Central Bank will need to raise interest rates again at its forthcoming meeting next week but... Published 25 Apr, 2023 10:40am
Markets European shares end marginally lower PARIS: European shares closed a touch lower on Wednesday after a warning from Dutch chip company ASML weighed down... Published 20 Apr, 2023 06:30am
Markets Goldman Sachs raises ECB terminal rate forecast to 3.75% Goldman Sachs on Tuesday raised its terminal rate forecast for the European Central Bank (ECB) to 3.75% from 3.5%,... Published 19 Apr, 2023 12:52pm
Business & Finance Euro zone yields set for biggest weekly rise since Dec PARIS: Euro zone government bond yields were set for their biggest weekly rise of 2023 as fears of a banking crisis... Published 15 Apr, 2023 06:19am
Markets European shares rise as banking gains offset US recession jitters PARIS: European shares rose on Thursday, heading into a long Easter weekend break, as real estate and travel stocks... Published 07 Apr, 2023 06:06am
Markets Euro zone bond yields tick higher as focus returns to inflation LONDON: Euro zone bond yields edged higher on Tuesday as investor focus returned inflation and European Central Bank... Published 04 Apr, 2023 12:52pm
Business & Finance Banking rebound remains fragile as regulators review response to failures NEWYORK: Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB)... Published 30 Mar, 2023 06:35am
Business & Finance UniCredit gets ECB approval for 3.34bn euro share buyback MILAN: UniCredit said on Tuesday it had received supervisory approval to buy back its own shares for up to 3.34... Published 28 Mar, 2023 08:38pm
Business & Finance Banking stress puts US and Europe on watch for credit crunch WASHINGTON/FRANKFURT: Stress in the banking sector is being closely monitored for its potential to trigger a credit... Published 27 Mar, 2023 07:30am
World EU leaders insist eurozone banking sector stable BRUSSELS: EU leaders and the head of the European Central Bank scrambled on Friday to reassure the markets that the... Published 24 Mar, 2023 08:38pm
Markets European stocks crawl higher in run-up to Fed decision PARIS: European stocks edged higher on Wednesday, extending gains for a third day, as investors awaited a crucial... Published 23 Mar, 2023 05:47am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?