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
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
Business & Finance Investment banks ramp up peak rates forecasts after hawkish ECB LONDON: A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the... Published 19 Dec, 2022 07:27am
Markets Gold faces worst week in 4 as Fed hardens inflation stance NEW YORK: Gold was set for its biggest weekly decline since mid-November despite a recovery on Friday, after the US... Published 19 Dec, 2022 06:00am
Markets European shares post worst weekly loss in months as recession fears mount PARIS: European shares slid on Friday, ending the week sharply lower after major central banks flagged further rate... Published 19 Dec, 2022 06:00am
Business & Finance Euro spikes, then drops after hawkish ECB NEW YORK: The euro fell on Thursday as investors took profits from a brief surge in the currency after European... Published 16 Dec, 2022 05:58am
Business & Finance ECB, BoE raise interest rates LONDON: The European Central Bank and Bank of England raised its key interest rates on Thursday and indicated that... Published 16 Dec, 2022 05:58am
Business & Finance ECB to raise scrutiny of banks’ credit risk, funding FRANKFURT: The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding,... Published 13 Dec, 2022 05:58am
World Europe’s inflation problem will linger for years to come FRANKFURT: Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back... Published 12 Dec, 2022 07:31am
Business & Finance Euro zone yields hover near lowest levels in months ahead of ECB meeting LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors... Published 09 Dec, 2022 05:58am
Business & Finance Eurozone inflation falls for first time in 17 months BRUSSELS: The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10... Published 01 Dec, 2022 07:08am
Sports Decision on start of first Test to be made on Thursday morning: PCB The Pakistan Cricket Board (PCB) and England and Wales Cricket Board (ECB) on Wednesday agreed to delay the decision... Published 30 Nov, 2022 09:15pm
Sports Virus hits England camp, may delay Rawalpindi Test England’s preparation for the opening Test against Pakistan has been thrown into disarray by a virus sweeping... Published 30 Nov, 2022 05:36pm
Opinion Investors left scratching heads as ECB bosses spar on outlook The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving... Published 26 Nov, 2022 04:13am
Business & Finance Dollar rises with bets on hawkish Fed NEW YORK/LONDON: The dollar rose on Thursday as US Treasury yields increased and investors bet on a relatively... Published 18 Nov, 2022 05:53am
Business & Finance Crypto turmoil ‘not a surprise’, says ECB FRANKFURT: The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the... Published 16 Nov, 2022 05:50pm
World Greener economies can reduce energy price ‘spikes’, says Lagarde FRANKFURT: Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases,... Published 07 Nov, 2022 05:17pm
Business & Finance ECB’s next rate move likely between 50 and 75 bps AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy... Published 31 Oct, 2022 05:55am
Business & Finance ECB’s next rate move likely between 50 and 75 bps, Knot says AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy... Published 30 Oct, 2022 04:56pm
Markets European stocks recoup losses after ECB hikes rate as expected LONDON: European stocks emerged from their session lows and closed nearly flat on Thursday after the European... Published 28 Oct, 2022 05:58am
Business & Finance Euro falls against the dollar after ECB rate hike, US data NEW YORK: The euro briefly fell back below parity with the dollar on Thursday after the European Central Bank (ECB)... Published 28 Oct, 2022 05:58am
Print Europe risks ‘deeper recessions’ on war and inflation: IMF WASHINGTON: Downturns in parts of Europe could turn into “deeper recessions” across the continent as energy... Updated 24 Oct, 2022 09:58am
Markets Fed and ECB right to tighten policy: IMF’s Gopinath BERLIN: Inflation in the United States is “very stubborn” and the Federal Reserve should “stay the course” and... Published 17 Oct, 2022 12:45pm
Business & Finance ECB will raise rates as high as needed to rein in core inflation PARIS: The European Central Bank will raise interest rates as much as needed to bring down core inflation although... Published 04 Oct, 2022 05:46pm
Business & Finance Eurozone inflation jumps to record 10pc BRUSSELS: Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday,... Updated 01 Oct, 2022 11:06am
Opinion Embattled emerging markets face fresh pain from US rate hikes The prospect of US interest rates climbing to levels last seen in the run-up to the global financial crisis has cast... Published 28 Sep, 2022 05:51am
Sports ECB offers to host Test series between Pakistan, India The England and Wales Cricket Board (ECB) has offered to host the Pakistan-India Test series in the future, The... Published 27 Sep, 2022 10:29pm
Business & Finance ECB to keep hiking rates even as growth slows: Lagarde FRANKFURT: The European Central Bank expects to keep hiking interest rates to combat soaring inflation, its... Published 26 Sep, 2022 08:19pm
Markets ECB must keep raising rates despite downturn, Schnabel says FRANKFURT: The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need... Published 22 Sep, 2022 11:34am
Markets ECB wants banks to review capital plans given downturn, Enria says FRANKFURT: The euro zone banking sector is robust ahead of a possible recession but the European Central Bank is... Published 19 Sep, 2022 03:20pm
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?