ECB to keep raising rates, though most of tightening is done, De Guindos says MADRID: The European Central Bank will need to keep raising interest further though most of the tightening has... Published 18 May, 2023 12:33pm
Markets ECB rate hike impact on inflation small so far, but more coming: ECB Bulletin FRANKFURT: Rapid European Central Bank rate hikes lowered inflation modestly last year but the biggest impact is... Published 15 May, 2023 01:18pm
Markets Audit finds holes in ECB’s management of bank credit risk FRANKFURT: European Central Bank supervisors are often too lenient with banks in how they manage credit risk,... Published 12 May, 2023 10:14am
Markets HDFC Twins drag Indian shares lower amid weak global cues BENGALURU: Indian shares opened lower on Friday, dragged by high-weightage financials and on weak global cues, after... Published 05 May, 2023 09:29am
Markets Yen set to snap 3-week losing streak on bank jitters, dollar slips SINGAPORE: The yen was eyeing its first weekly gain in nearly a month on Friday, driven by safe haven demand as bank... Published 05 May, 2023 09:26am
Markets European shares end lower as ECB slows rate hikes PARIS: European shares ended Thursday lower after the European Central Bank eased the pace of its interest rate ... Published 05 May, 2023 06:44am
Markets Copper drifts higher on possible Fed pause LONDON: Copper prices edged up on Thursday after the US central bank signalled a pause on rate hikes, but gains were... Published 05 May, 2023 06:44am
Markets Oil up slightly after smaller ECB hike NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest... Published 05 May, 2023 06:44am
Business & Finance Dollar gains, euro dips after cautious ECB NEW YORK: The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day... Published 05 May, 2023 06:44am
Business & Finance ECB slows rate hike pace but signals more to come FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more... Published 05 May, 2023 06:44am
Business & Finance ECB raises rates by 25 bps in inflation fight FRANKFURT: The European Central Bank raised interest rates by 25 basis points to 3.25% as expected on Thursday and... Published 04 May, 2023 05:30pm
Markets ECB expected to slow pace of rate hikes FRANKFURT: The European Central Bank is expected to hike interest rates again Thursday to fight inflation but at a... Published 04 May, 2023 11:40am
Markets Yen sinks to 15-year low vs euro as dovish BOJ contrasts with ECB TOKYO: The yen continued its steep descent on Tuesday, reaching a 15-year low to the euro, as the implications of a... Published 02 May, 2023 09:25am
Markets Canada stock: TSX set to begin week on tepid note TORONTO: Futures for Canada’s main stock index was muted on Monday as investors exercised caution ahead of rate... Published 02 May, 2023 05:59am
Markets Gold slips on firmer dollar, spotlight on Fed meeting Gold prices dipped on Monday as the US dollar held firm, with traders positioning themselves ahead of a much awaited... Published 01 May, 2023 10:40am
Markets ECB set to hike again but analysts divided on how much FRANKFURT: The European Central Bank is expected to deliver another interest rate increase Thursday, but analysts... Published 30 Apr, 2023 02:42pm
Print Central banks signal end of bank turmoil FRANKFURT/LONDON/TOKYO: The world’s top central banks are cutting the frequency of their dollar liquidity operations... Updated 26 Apr, 2023 08:50am
Markets Central banks cut dollar operations with Fed as market stress eases FRANKFURT/LONDON/TOKYO: The world’s top central banks will reduce the frequency of their dollar operations with the... Published 25 Apr, 2023 02:10pm
Markets Euro to the fore as hawkish hike looms SINGAPORE: The dollar was on the back foot and the euro climbed on Tuesday, as regional bank jitters had traders... Published 25 Apr, 2023 10:13am
Business & Finance Euro rises, yen weakens ahead of BOJ meeting LONDON/NEW YORK: The euro gained while the Japanese yen fell on Monday in thin trading ahead of a closely watched... Published 25 Apr, 2023 06:25am
Business & Finance Dollar rises NEW YORK/LONDON: The dollar edged higher on Monday after the April survey of business activity in New York state ... Published 18 Apr, 2023 06:21am
Markets Central banks have yet to script final act of inflation fight as risks rise WASHINGTON: Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation,... Published 17 Apr, 2023 11:12am
Markets ECB policymakers converging on 25-bps rate hike in May WASHINGTON: European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if... Published 13 Apr, 2023 12:13pm
Markets European shares slip as data signal slower economic recovery PARIS: European shares fell on Wednesday as investors maintained a cautious stance after data signalled a... Published 06 Apr, 2023 06:20am
Markets European equities climb; oil prices firm after surge LONDON: European equities rose further Tuesday, while oil prices held onto Monday’s surge after top OPEC+ producers... Updated 04 Apr, 2023 05:20pm
Markets Euro zone government bond yields rise as banking fears ease Euro zone government bond yields rose on Tuesday while expectations over the European Central Bank terminal rate... Published 28 Mar, 2023 02:17pm
Markets ECB’s Enria says Deutsche Bank’s selloff is a concern FRANKFURT: The European Central Bank’s top supervisor said on Tuesday he was concerned by a selloff in Deutsche Bank... Published 28 Mar, 2023 02:00pm
Markets A buyer for SVB soothes broader markets, but default stress haunts banks A buyer for Silicon Valley Bank’s deposits and loans helped cast an uneasy calm over fragile markets on Monday,... Published 27 Mar, 2023 11:02am
Markets Indian shares open higher as SVB acquisition hopes aid sentiment BENGALURU: Indian shares opened higher on Monday after reports of advanced talks for the acquisition of collapsed... Published 27 Mar, 2023 10:01am
World EU leaders insist eurozone banking sector stable BRUSSELS: EU leaders and the head of the European Central Bank scrambled on Friday to reassure the markets that the... Published 24 Mar, 2023 08:38pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?