Pound slips below $1.30 LONDON: The pound dropped below $1.30 on Tuesday, falling for a fourth straight day against the dollar amid doubts... Published 20 Apr, 2022 05:12am
Business & Finance Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 17 Apr, 2022 05:51am
Markets Asian markets drop after Wall Street retreat SEOUL: Asian markets dipped Friday after a negative lead from Wall Street, with investors around the world worried... Published 16 Apr, 2022 04:10am
Markets European shares firm after ECB stands pat on policy LONDON: European shares rose on Thursday as the ECB kept its policy stance largely unchanged and signalled a steady... Published 15 Apr, 2022 05:29am
Markets FTSE 100 tracks broader Europe higher LONDON: A rally in banks and consumer stocks saw London’s FTSE 100 reverse session losses on Thursday, moving in... Published 15 Apr, 2022 05:29am
Business & Finance Euro hits two-year low vs dollar as ECB seen in no rush to hike rates WASHINGTON/LONDON: The euro plunged to a two-year low against the US dollar on Thursday as comments from European... Published 15 Apr, 2022 05:29am
Business & Finance Pound at 5-week high vs struggling euro LONDON: The British pound rose against the euro on Thursday as the single currency weakened after the European... Published 15 Apr, 2022 05:29am
Markets European shares slip on tech selloff, French election jitters LONDON: European stocks fell on Monday as surging bond yields hit technology shares and volatility gripped French... Published 12 Apr, 2022 05:17am
Markets Dollar index touches 100 for first time in nearly two years LONDON: The US dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the... Published 08 Apr, 2022 02:05pm
Markets European shares stumble LONDON: European shares reversed early gains to skid on Thursday, as risks from a hawkish Federal Reserve and... Published 08 Apr, 2022 05:28am
Markets ECB's Lagarde has COVID but symptoms mild FRANKFURT: European Central Bank President Christine Lagarde said on Thursday she has tested positive for COVID-19... Published 07 Apr, 2022 02:25pm
Markets Eurozone stocks climb but London slips LONDON: Eurozone stocks rose Thursday but London drooped as investors digested news that the Federal Reserve held... Updated 07 Apr, 2022 05:19pm
Markets ECB expects to hike rates after ending bond buys in Q3: Schnabel CERNOBBIO: The European Central Bank plans to raise interest rates some time after winding down its bond purchase... Published 02 Apr, 2022 06:04pm
Business & Finance Europe cost of living to spiral as Ukraine war drags on: Lagarde NICOSIA: European Central Bank chief Christine Lagarde warned Wednesday that a prolonged conflict in Ukraine would... Published 31 Mar, 2022 07:54am
World Europe cost of living to spiral as Ukraine war drags on: Lagarde NICOSIA: European Central Bank chief Christine Lagarde warned Wednesday that a prolonged conflict in Ukraine would... Published 30 Mar, 2022 05:38pm
Business & Finance German two-year bond yield surges above 0pc for first time since 2014 FRANKFURT: Germany’s two-year yield briefly turned positive for the first time since 2014 on Tuesday as optimism... Published 30 Mar, 2022 06:57am
Business & Finance ECB ready to set up money exchange for Ukrainian refugees with EU guarantee BRUSSELS: The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange... Published 30 Mar, 2022 06:08am
Markets European stocks inch up LONDON: European shares gained on Monday, led by automakers and defensive sectors, as hopes for a peace deal between... Published 29 Mar, 2022 05:49am
Opinion When it comes to oil, the global economy is still hooked The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine... Published 26 Mar, 2022 04:13am
Business & Finance Pound falls after BoE raises rates LONDON: The British pound dropped on Thursday after the Bank of England raised interest rates but sounded less... Published 18 Mar, 2022 05:20am
Markets JGB yields give up gains to end flat, track US yields retreat TOKYO: Japanese government bond yields ended unchanged on Friday, giving up an earlier gains as they tracked a rise... Published 14 Mar, 2022 07:22am
Markets European stocks surge on bargain hunting LONDON: European stock markets jumped Friday as investors fished for bargains after recent Ukraine-driven losses,... Published 14 Mar, 2022 07:22am
Markets Japan rubber down SINGAPORE: Japanese rubber futures fell on Friday, as oil prices eased and global equities slid due to expectations... Updated 13 Mar, 2022 07:02am
Opinion Euro’s pain is dollar’s gain as Ukraine war roils markets Fallout from Russia’s invasion of Ukraine may be setting the stage for more gains in the dollar, upending investor... Published 12 Mar, 2022 04:08am
Markets ECB’s hawkish surprise, war tensions pressure European stocks LONDON: Euro zone stocks fell on Thursday after the European Central Bank surprised markets by accelerating its exit... Published 11 Mar, 2022 05:12am
Business & Finance Euro rises from 22-month lows; dollar remains in-demand NEW YORK: The euro on Tuesday rallied from 22-month lows against the US dollar hit the previous session, lifted by... Published 09 Mar, 2022 06:44am
Business & Finance Sterling rises vs euro LONDON: Sterling rose on Tuesday against the euro and fell versus a strengthening dollar as investors awaited... Published 02 Mar, 2022 04:35am
Markets European subsidiary of Russia's Sberbank 'failing or likely to fail': ECB FRANKFURT: The European subsidiary of Russia's state-owned Sberbank is facing bankruptcy, the European Central Bank... Published 28 Feb, 2022 10:12am
Business & Finance ECB policymakers told Ukraine war may shave 0.3pc-0.4pc off GDP PARIS: The European Central Bank’s chief economist Philip Lane has told fellow policymakers that the Ukraine... Published 26 Feb, 2022 04:37am
Markets ECB 'closely monitoring' implications of Ukraine invasion: statement FRANKFURT: The European Central Bank said on Thursday it was monitoring events and the potential impacts for the... Published 24 Feb, 2022 02:50pm