Banks, commodity stocks lift European shares PARIS: European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for... Published 07 Jun, 2022 05:47am
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 Record high inflation pushes eurozone shares to session lows LONDON: Eurozone shares hit session lows on Tuesday after data showed inflation rose to a record high in May,... Published 01 Jun, 2022 05:53am
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
Markets ECB should hike rates by 25 basis point increments: Lane MADRID: The European Central Bank should raise interest rates by 25 basis point increments in July and September,... Published 30 May, 2022 11:36am
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 ECB plans end to negative rates era as inflation soars FRANKFURT: Negative interest rates will soon be a thing of the past in the eurozone, the ECB’s chief signalled... Updated 23 May, 2022 05:14pm
Markets Bitcoin back below $30,000; European regulators renew crypto warnings HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ... Updated 16 May, 2022 04:08pm
Markets ECB policymaker says rates will rise ‘very soon’ FRANKFURT: The European Central Bank (ECB) will likely decide at its next meeting to end its stimulus programme in... Published 14 May, 2022 08:23pm
Business & Finance Dollar moves off lows on heels of inflation data NEW YORK: The dollar moved sharply off its lows on Wednesday and briefly turned positive on the day after economic... Published 12 May, 2022 05:40am
Business & Finance Lagarde suggests ECB rate hike could come as soon as July FRANKFURT: European Central Bank president Christine Lagarde hinted Wednesday the Frankfurt-based institution could... Published 11 May, 2022 03:17pm
Opinion For some European states, rising debt costs rekindle 2011 crisis memories The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not... Published 11 May, 2022 04:58am
Markets European stocks hit 2-month lows as travel, tech fall PARIS: European shares hit two-month lows on Monday, led by sectors including travel and leisure and technology as a... Published 10 May, 2022 05:10am
World Lagarde bats back ECB staff’s inflation wage ask FRANKFURT: European Central Bank chief Christine Lagarde rejected union calls to peg wages to inflation at the... Published 09 May, 2022 06:51pm
Business & Finance Sterling hits new lows against dollar, euro LONDON: Sterling hit new lows against the dollar and the euro after the Bank of England warned of recession risks,... Published 07 May, 2022 05:46am
Markets ECB rate could turn positive by year’s end: France PARIS: ECB interest rates could be back in positive territory by year’s end, the head of the French central bank... Published 06 May, 2022 05:48pm
Markets ECB to wait for Q2 data before acting on rates MILAN: It would be imprudent for the European Central Bank to act on rates before seeing economic data for the... Published 05 May, 2022 12:49pm
Markets European shares slammed by lacklustre earnings, Fed jitters European stocks dropped on Wednesday, weighed by disappointing earnings and investor jitters ahead of a policy... Published 04 May, 2022 10:40pm
Markets German yields at multi-year highs, spreads widen ahead of Fed German 10-year government bond yields remained around multi-year highs on Wednesday while spreads widened ahead of a... Published 04 May, 2022 09:52pm
Business & Finance Fraying central bank consensus spurs dollar and market stress: McGeever ORLANDO: The highest inflation in decades is unraveling whatever policy consensus there was between the world's ... Published 04 May, 2022 11:18am
Business & Finance Eurozone bond yields set for first weekly drop in 4 weeks LONDON: Euro zone bond yields retreated from earlier highs and were set for their first weekly drop in four weeks as... Published 02 May, 2022 05:46am
Markets Strong earnings spur rally across European stocks LONDON: European shares moved further off six-week lows hit last session as forecast-beating results from companies... Published 29 Apr, 2022 05:43am
Business & Finance German 2-year debt yields at 8-year high as bonds whacked again LONDON: Germany’s two-year bond yield shot up to an eight-year high on Thursday and selling gripped euro zone ... Published 25 Apr, 2022 07:23am
Markets ECB’s Lagarde sees strong chance of a rate hike this year WASHINGTON: The European Central Bank is likely to end its bond purchase scheme in early third quarter and raise... Published 22 Apr, 2022 08:51pm
Markets Asian stocks, FX cautious as investors await IMF debate for growth clues BANGKOK: Indonesian and Thailand equities led the way as emerging Asian stocks made tepid gains on Thursday,... Published 22 Apr, 2022 05:36am
Business & Finance Euro gains on ECB rate hike view, Macron optimism NEW YORK: The euro rose to a more than one-week high on Thursday against the dollar after a spate of hawkish ... Published 22 Apr, 2022 05:36am
Business & Finance Sterling falls against euro, flat versus dollar LONDON: Sterling fell against a strengthening euro while it was flat versus the dollar. Hawkish comments amplified... Published 22 Apr, 2022 05:36am
Markets Euro at one-week highs as rate hike bets grow LONDON: The euro perked up to a one-week high on Thursday as market expectations solidified for a first interest... Published 21 Apr, 2022 12:55pm
Business & Finance US dollar ascends to fresh 20-year peak vs yen NEW YORK/LONDON: The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen, supported by the... Published 20 Apr, 2022 05:12am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn