European stocks clock first weekly rise in four LONDON: European stocks marked their first weekly rise in four on Friday, boosted by a surge in banking shares on... Published 12 Sep, 2022 06:01am
Sports Third Test between England and South Africa to resume on Saturday LONDON: England’s third and deciding Test against South Africa at The Oval will resume on Saturday after the second... Published 09 Sep, 2022 06:47pm
Sports Second day of Test called off following death of Queen Elizabeth LONDON: The second day's play in the third Test between England and South Africa at The Oval will not take place on... Published 09 Sep, 2022 12:11am
Business & Finance ECB ramps up rates by unprecedented 75 bps to fight inflation FRANKFURT: The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday... Updated 08 Sep, 2022 10:07pm
Business & Finance Euro plunges to new 20-year low after Russian gas halt LONDON: The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main... Published 06 Sep, 2022 04:08am
Business & Finance ECB should raise rates at steady pace, chief economist says FRANKFURT: The European Central Bank should raise interest rates at a “steady pace” until the end of its hiking... Published 29 Aug, 2022 07:07pm
Business & Finance ECB needs another big rate hike in September, Kazaks says JACKSON HOLE: A euro zone recession is now very likely but that alone will not bring down inflation and the European... Published 27 Aug, 2022 06:23pm
Business & Finance Some ECB policymakers want 75 basis point hike discussed in Sept JACKSON HOLE: Some European Central Bank policymakers want to discuss a 75 basis point interest rate hike at the... Published 26 Aug, 2022 06:33pm
Business & Finance ECB accounts show inflation concerns intensifying European Central Bank policymakers meeting last month appeared increasingly concerned that high inflation was... Published 25 Aug, 2022 06:17pm
Markets European shares eke out gains on energy boost; July inflation at record high European shares inched higher on Thursday on a boost from oil stocks, with gains capped by growth fears as inflation... Published 18 Aug, 2022 03:07pm
Business & Finance ECB steps in as banks dip toes in crypto pool LONDON: The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure... Published 17 Aug, 2022 07:47pm
Business & Finance ECB, IMF call on climate standard setters to align company disclosures LONDON: A global standard setter for company climate disclosures should align with European and US alternatives for... Published 09 Aug, 2022 03:37am
Business & Finance Possible for US, EU to avoid recession: Fed official WASHINGTON: The United States and the European Union can avoid recession and achieve a soft landing by bringing... Published 04 Aug, 2022 07:25am
Business & Finance German 2yr bond yield sees biggest drop since 2005 as PMIs fuel recession fears FRANKFURT: German two-year bond yields were set for their biggest daily fall since 2005 on Friday as data showing... Published 25 Jul, 2022 06:12am
Markets European shares log best week in two months despite volatility LONDON: European shares notched up their best week in two months on Friday as concerns over an energy supply crunch... Published 25 Jul, 2022 06:12am
Business & Finance Euro strengthens after ECB hikes faster than flagged NEW YORK: The euro rose against the U.S. dollar in a choppy session on Thursday, after the European Central Bank... Published 25 Jul, 2022 06:12am
Markets Strong results lift Europe’s STOXX 600; ECB hikes rates 50 bps PARIS: Europe’s STOXX 600 share index rose on Thursday, boosted by a run of upbeat corporate results although ... Published 22 Jul, 2022 06:07am
Markets Oil slumps on gasoline stockpiles, rate hikes and resuming supply NEW YORK: Oil prices were down about $3 a barrel on Thursday on higher US gasoline stockpiles and after a European... Published 22 Jul, 2022 06:07am
Business & Finance Euro rises vs dollar after ECB hikes faster than flagged NEW YORK: The euro jumped against the US dollar before paring gains in a choppy session on Thursday, after the... Published 22 Jul, 2022 06:07am
Business & Finance Weak pound hits two-week low vs euro after oversized ECB hike LONDON: The British pound hit a two-week low against the euro on Thursday after a larger-than-expected rate hike ... Published 22 Jul, 2022 06:07am
World ECB raises rates more than expected to fight off runaway inflation FRANKFURT: The European Central Bank raised interest rates by more than expected on Thursday, confirming that... Published 21 Jul, 2022 05:46pm
Markets Euro up as Russian gas returns, stocks waver ahead of ECB decision PARIS: The euro gained ground against the dollar on Thursday after Russia resumed gas supplies to Europe but stock... Published 21 Jul, 2022 05:42pm
Markets Euro holds near 2-week high, awaits ECB and Nordstream clarity LONDON: The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest... Published 20 Jul, 2022 02:23pm
Business & Finance Dollar slips as ECB rate hike hopes lift euro NEW YORK: The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that... Published 20 Jul, 2022 05:48am
Markets Euro jumps 1% against dollar awaiting ECB rate hike LONDON: The euro jumped more than one percent against the dollar Tuesday, as traders mull whether the European... Published 19 Jul, 2022 02:26pm
Business & Finance The hike is (almost) here! Now for what comes next: Five questions for the ECB LONDON: The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets... Published 18 Jul, 2022 11:22pm
Sports England's Stokes announces shock ODI retirement LONDON: England's talismanic all-rounder Ben Stokes announced his shock retirement from one-day cricket on Monday... Updated 18 Jul, 2022 06:10pm
Markets UK think tank calls for global digital currency rules LONDON: Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up... Published 08 Jul, 2022 05:20pm
Markets Energy shares boost European equities ahead of inflation data European shares rose on Monday on gains in oil and gas companies, while investors awaited eurozone inflation data... Published 04 Jul, 2022 02:37pm
Markets Muted start to new quarter for European equities as recession worries weigh European shares closed flat on Friday as gains in defensives countered a sell-off in semiconductor and... Published 01 Jul, 2022 09:54pm
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?