Dollar soars to more than 1-year high after jobs data, then pulls back New York: The dollar jumped on Friday to hit its highest level in more than a year, after data showed stronger US ... Updated 06 Nov, 2021 01:21am
Business & Finance ECB policymakers push back on rate hike bets, see inflation falling MADRID: Euro zone inflation will fall next year, even if more slowly than once thought, suggesting conditions for a... Published 05 Nov, 2021 05:25pm
Business & Finance Weak sterling boosts FTSE 100 LONDON: London’s FTSE 100 rallied on Thursday as the pound plunged following the Bank of England’s decision to... Published 05 Nov, 2021 04:39am
Markets European shares close at record high after Fed, BoE announcements European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the... Published 04 Nov, 2021 10:32pm
Business & Finance ECB interest rate rise ‘very unlikely’ in 2022 FRANKFURT: The European Central Bank is “very unlikely” to raise its interest rates in 2022, president Christine... Published 04 Nov, 2021 04:32am
Markets Euro zone bond yields fall again, Fed in focus LONDON: Euro zone government borrowing costs edged down on Wednesday as battered bond markets found more stable... Published 03 Nov, 2021 01:52pm
Markets Euro zone bonds calm, but investors hold on to rate-hike bets Euro zone bond markets were calm on Monday following a surge in yields last week, though German bond yields still... Published 01 Nov, 2021 02:22pm
Markets Dollar climbs as inflation builds case for higher rates NEW YORK: The dollar index continued to rebound from prior-day losses on Friday after US government bond yields rose... Published 30 Oct, 2021 12:16am
Markets Aussie dollar firm as bonds tumble, yen looks past BOJ HONG KONG: Central bank policymakers buffeted currency trading on Thursday as the Australian dollar held firm on... Published 28 Oct, 2021 10:14am
Markets Asian markets drop as inflation, recovery return to focus HONG KONG: Fears over rising inflation and pressure on central banks to tighten monetary policy sent markets lower ... Published 28 Oct, 2021 09:46am
Markets Gold eases in Europe LONDON: Gold prices fell on Tuesday after a five-session rally, as the dollar steadied and investors awaited key... Published 27 Oct, 2021 04:50am
Markets US MIDDAY: Gold retreats on firm dollar NEW YORK: Gold prices fell as much as 1.5% on Tuesday, snapping a five-session long streak of gains, as the dollar... Published 27 Oct, 2021 04:50am
Business & Finance Dollar hovers in narrow range NEW YORK/LONDON: The US dollar traded in a narrow range on Tuesday as markets awaited news from central bankers in... Published 27 Oct, 2021 04:50am
Markets Euro zone banks raised bar for mortgages in third quarter, ECB says FRANKFURT: Euro zone banks tightened access to mortgages in the three months to September and expected to continue... Updated 26 Oct, 2021 01:06pm
Business & Finance ECB charts lonely course through inflation spike FRANKFURT: Pressure is growing on the European Central Bank to respond to rising inflation in the eurozone, as its... Published 26 Oct, 2021 04:39am
Markets ECB charts lonely course through inflation spike FRANKFURT: Pressure is growing on the European Central Bank to respond to rising inflation in the eurozone, as its... Published 25 Oct, 2021 09:28am
Markets US yields extend rise after soft 20-year auction; curve steepens for 2nd day NEW YORK: US long-dated Treasury yields rose on Wednesday, after a weak auction of 20-year notes, with the yield... Published 21 Oct, 2021 12:00am
Markets Euro zone bond yields edge higher, eyes on the ECB MILAN: Euro zone government bond yields steadied on Wednesday as recent comments by European Central Bank (ECB)... Published 20 Oct, 2021 12:58pm
Opinion Dr Copper flashing an SOS signal? Good things tend to happen to the global economy when copper rises and bad things when its price falls on global... Published 14 Oct, 2021 04:14am
Markets German inflation hits highest since 1993 on energy prices FRANKFURT: German consumer prices rose at their fastest pace since 1993 in September on the back of higher energy... Published 01 Oct, 2021 04:07am
Business & Finance Nexi exec says group interested in digital euro, no formal talks with ECB MILAN: Nexi is interested in working on a digital version of the euro, but there are no formal talks with the... Published 27 Sep, 2021 05:51am
Business & Finance Eurozone exposure to Evergrande 'limited': Lagarde FRANKFURT: European Central Bank chief Christine Lagarde said on Friday that the potential collapse of the troubled... Published 25 Sep, 2021 04:59am
Markets Eurozone exposure to Evergrande 'limited': Lagarde Markets plunged at the beginning of the week by fears that Evergrande -- one of China's biggest developers in the crucial property sector Published 24 Sep, 2021 01:29pm
Business & Finance ECB braces for sticky inflation; eyes end of emergency stimulus FRANKFURT: European Central Bank policymakers are bracing for inflation to exceed the bank’s already raised... Published 24 Sep, 2021 04:40am
Markets ECB's de Guindos warns against tying wages to inflation Some countries in Europe have indexation of pensions and the salaries of public officials to inflation Published 21 Sep, 2021 01:26pm
Business & Finance Euro zone yields hit two-month highs LONDON: Euro zone government bond yields reached the highest in over two months on Friday after a report suggested... Published 20 Sep, 2021 05:23am
Markets Central banks tiptoe towards tapering PARIS: To taper or not to taper? That is the question facing central bankers as they debate when they should unwind... Published 19 Sep, 2021 10:17am
Markets U.S. dollar raises vs most currencies as Fed taper talk gathers pace NEW YORK: The dollar climbed to a two-week peak against a basket of currencies on Monday, bolstered by expectations... Published 14 Sep, 2021 01:04am
Markets European stocks pare losses LONDON: Euro zone stocks bounced off session lows to end little changed on Thursday after the European Central Bank... Published 10 Sep, 2021 04:41am
Markets US MIDDAY: Gold gains as dollar slips NEW YORK: Gold firmed on Thursday, lifted by a slight retreat in the dollar, but renewed bets that the US Federal... Published 10 Sep, 2021 04:41am