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
Business & Finance ECB ‘crystal clear’ on June rate cut, de Guindos says FRANKFURT: The European Central Bank has made it “crystal clear” that interest rates could be cut in June but has... Published 18 Apr, 2024 03:10pm
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 Dollar firm ahead of US CPI release; yen to face crucial test TOKYO: The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained... Published 10 Apr, 2024 11:23am
Business & Finance ECB tipped to pause one last time before June rate cut FRANKFURT: Buoyed by falling inflation, the European Central Bank is expected to keep borrowing costs on hold one... Published 08 Apr, 2024 11:22am
Markets Light wind in dollar’s sails after bumper US payrolls SINGAPORE: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to US inflation... Published 08 Apr, 2024 09:41am
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
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
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Business & Finance Dollar set for weekly rise NEW YORK: The dollar headed for a second week of gains on Friday, with a slight rate hike in Japan unable to halt ... Published 23 Mar, 2024 05:41am
Business & Finance ECB plans greater use of escalation powers with banks: Buch FRANKFURT: The European Central Bank plans to be more aggressive this year in escalating problems with lenders that... Published 21 Mar, 2024 01:29pm
Business & Finance Bank of England to hold rate despite slowing inflation LONDON: The Bank of England is widely expected to keep its main interest rate at a 16-year high Thursday, rejecting... Published 21 Mar, 2024 12:12pm
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
Business & Finance ECB ready in June to discuss rate cuts, de Guindos says FRANKFURT: The European Central Bank will be in position to discuss an interest rate cut in June, Vice President... Published 19 Mar, 2024 02:17pm
Markets European stocks falter on US rate jitters PARIS: European shares dipped on Friday as risk sentiment remained subdued due to mounting concerns the Federal... Published 16 Mar, 2024 06:26am
Business & Finance Bank of England set to play for time before first rate cut LONDON: The Bank of England will probably keep investors guessing next week about when it is likely to start cutting... Published 15 Mar, 2024 11:36am
Markets Dollar steadies as traders weigh hotter-than-expected inflation TOKYO: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact... Published 13 Mar, 2024 09:55am
Business & Finance ECB policymakers line up behind upcoming rate cut FRANKFURT: European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming... Published 08 Mar, 2024 03:02pm
Markets Dollar droops ahead of payrolls SINGAPORE: The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome... Published 08 Mar, 2024 09:57am
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
Business & Finance Dollar slips vs euro as data weighs NEW YORK: The dollar slipped against the euro on Tuesday after data showed US services industry growth eased and as... Published 06 Mar, 2024 04:18am
Business & Finance Dollar edges down vs euro NEW YORK: The US dollar edged down against the euro on Monday, at the start of an action-packed week for markets ... Published 05 Mar, 2024 03:09am
Business & Finance ECB to hold rates again, awaiting clearer signs on inflation FRANKFURT: The European Central Bank is expected to freeze interest rates again this week, with officials wary of... Published 04 Mar, 2024 11:33am
Markets Europe’s STOXX 600 rises on miners, tech support PARIS: Europe’s benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while... Published 28 Feb, 2024 06:10am
Markets Sterling bulls take a breather, for now LONDON: Speculators have trimmed their bullish positions in the pound for the first time in eight weeks, suggesting... Published 27 Feb, 2024 12:22pm
Markets Europe’s STOXX 600 falls at start of inflation data-driven week PARIS: Europe’s benchmark stock index dropped on Monday, led by miners, with investors bracing for crucial... Published 27 Feb, 2024 03:06am
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 Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
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?