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
Markets European shares suffer worst quarter since pandemic hit of early 2020 PARIS: European shares on Thursday marked their worst quarter since the pandemic-led selling of early 2020, as... Published 01 Jul, 2022 06:13am
Markets Recession fears creep into ECB thinking at summer conference SINTRA: European Central Bank policymakers put on a brave face at their annual gathering in the hills above the... Published 30 Jun, 2022 02:29pm
Business & Finance Dollar falters as US yields retreat amid recession risks TOKYO: The dollar slipped against most major peers on Wednesday as a decline in US yields took some of the sheen off... Published 30 Jun, 2022 06:07am
Markets Gold firms on softer dollar; ECB forum in focus LONDON: Gold edged up on Tuesday as the dollar weakened, with gains capped by higher US Treasury yields as investors... Published 29 Jun, 2022 05:44am
Business & Finance Dollar up, euro down as Lagarde keeps July policy options open LONDON/WASHING-TON: The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank (ECB)... Published 29 Jun, 2022 05:44am
Business & Finance ECB vows to counter ‘undesirably high’ inflation SINTRA, (Portugal): The European Central Bank will go “as far as necessary” to fight inflation that is set to... Published 29 Jun, 2022 05:44am
Business & Finance Dollar stumbles as markets reassess rate bets, eye ECB LONDON/ WASHINGTON: The US dollar struggled versus its major rivals on Monday as softening inflation expectations... Published 28 Jun, 2022 06:10am
Markets Central bank chiefs meet to discuss inflation challenge SINTRA: Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to... Published 27 Jun, 2022 10:01am
Markets Banking body urges decisive wave of global rate hikes to stem inflation LONDON: The world's central bank umbrella body, the Bank for International Settlements, has called for interest ... Updated 26 Jun, 2022 08:12pm
Markets Euro zone bond yields steady as markets take stock of ECB, Fed Euro zone bond yields dipped on Thursday with the bloc’s debt continuing to see relief following the ECB and a rate... Published 16 Jun, 2022 01:39pm
Markets European shares break 6-day losing streak PARIS: European stocks snapped their six day losing streak on Wednesday after the European Central Bank (ECB)... Published 16 Jun, 2022 06:03am
Print Yorkshire charged by ECB following Rafiq cricket racism row LONDON: Yorkshire and a “number of individuals” have been charged by the England and Wales Cricket Board... Published 16 Jun, 2022 06:03am
Markets London shares slip LONDON: UK’s FTSE 100 slipped for a third straight session on Thursday, after the European Central Bank signalled... Published 10 Jun, 2022 06:16am
Business & Finance Dollar gains with inflation data on tap, euro falls after ECB NEW YORK: The dollar index rose Thursday, reversing initial declines while the euro gave up earlier gains after the... Published 10 Jun, 2022 06:16am
Business & Finance Volatile pound gains vs euro LONDON: The British pound had a volatile trading session on Thursday, ticking up marginally against the dollar and... Published 10 Jun, 2022 06:16am
Business & Finance ECB begins inflation fightback with July rate hike AMSTERDAM: The European Central Bank on Thursday said it would raise interest rates for the first time in over a... Published 10 Jun, 2022 06:16am
Markets Dollar gains with inflation data on tap, euro falls after ECB NEW YORK: The dollar index rose Thursday, reversing initial declines while the euro gave up earlier gains after the... Published 09 Jun, 2022 09:54pm
Markets Yen extends slide, euro steady as all eyes on ECB meeting HONG KONG: The yen dropped to a 20-year low on the dollar on Thursday, though most major currency pairs traded... Published 09 Jun, 2022 10:01am
Markets European shares fall on growth fears ahead of ECB meeting PARIS: European shares fell on Wednesday with concerns around economic growth slowdown and a gloomy forecast by... Published 09 Jun, 2022 06:18am
Business & Finance Dollar slips, euro gains ahead of ECB announcement NEW YORK: The dollar slipped against a basket of major currencies for a second straight day on Wednesday but still... Published 09 Jun, 2022 06:18am
Markets Yen keeps sliding as Europe braces for rate hikes SINGAPORE: The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against... Published 08 Jun, 2022 10:12am
Markets European shares end week lower as rate hike bets rise LONDON: European shares fell on Friday, wiping out earlier gains, after US jobs data supported the case for the... Published 06 Jun, 2022 05:57am
Markets ECB’s Enria hopes European banks will exit Russia soon TRENTO: The European Central Bank hopes euro zone banks will soon sell their Russian assets, the ECB’s top... Published 03 Jun, 2022 06:17pm
Markets ECB should keep 50 bps hike on table, possibly for Sept: Kazimir MIKULOV: Record-high euro zone inflation requires the European Central Bank to raise interest rates in July and... Updated 31 May, 2022 07:11pm
Business & Finance Euro zone government bond yields fall, focus on ECB LONDON: Euro zone government bond yields fell on Friday as investors shrugged off US inflation data and kept their... Published 30 May, 2022 05:53am
Markets Lagarde gains key allies for rate hike plans DAVOS/FRANKFURT: European Central Bank President Christine Lagarde gained key allies for her plan to raise rates out... Published 25 May, 2022 04:35pm
Markets Dollar slides to one-month low as Lagarde comments boost euro NEW YORK: The U.S. dollar index hit a nearly one-month low on Tuesday after European Central Bank President... Published 25 May, 2022 12:06am
Markets One in 10 eurozone households own cryptoassets, says ECB FRANKFURT: Nearly one in 10 European households has invested in cryptoassets, an ECB study published Tuesday said,... Published 24 May, 2022 05:15pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?