UK progressing at reasonable speed Updated 16 Feb, 2026 05:39am Last week, two significant economic indicators from the US were published. The jobs report exceeded expectations,...
US economic data: huge decline in govt employment Published 22 Dec, 2025 06:58am Last week, significant economic data from the US was released after being delayed for several months because of the...
Climate shocks could cost eurozone 5pc of GDP, economists warn Published 10 Jul, 2025 05:59am FRANKFURT: Climate disasters such as droughts, wildfires, floods and storms could slash up to five percent off the...
ECB cuts rates as Trump tariffs raise fears for eurozone growth Published 18 Apr, 2025 05:52am FRANKFURT: The European Central Bank cut interest rates again Thursday amid fears that US President Donald Trump’s...
Euro zone households could increase consumption, ECB chief economist says Published 15 Jan, 2025 11:10am Euro zone households are likely to reduce their savings this year and consume more of their disposable income,...
Eurozone inflation rises, likely forcing slower ECB rate cuts Published 08 Jan, 2025 06:26am BRUSSELS, Belgium: Eurozone inflation rose in December as energy prices slightly ticked up, official data showed...
Bulgaria may meet euro accession criteria soon: EU Commissioner Published 16 Dec, 2024 03:25pm FRANKFURT: Bulgaria may meet all the conditions for joining the euro zone in the next few months and the European...
Euro area bond yields edge higher after ECB flags caution Published 13 Dec, 2024 02:06pm LONDON: Euro zone bond yields rose on Friday, a day after the European Central Bank (ECB) cut interest rates but...
ECB cuts rates again as eurozone hit by economic, political woes Published 13 Dec, 2024 06:29am FRANKFURT: The European Central Bank cut interest rates again Thursday, citing a worsening growth outlook and ...
Trump tariffs and trade wars Updated 08 Nov, 2024 08:32am EDITORIAL: Donald Trump’s return to the White House could not have come at a worse time for the Eurozone, just ...
Trade war would weigh on Europe’s already weak outlook, ECB warns Published 07 Nov, 2024 06:16am LONDON: Euro zone growth may be weaker than earlier thought and fresh barriers to global trade could lead to a...
Will Hungary hijack the EU during its presidency? Published 24 Jun, 2024 11:58am BRUSSELS: Hungary takes over the European Union’s six-month rotating presidency on July 1, in the face of fears...
Eurozone business activity growth slows sharply in June Updated 24 Jun, 2024 08:38am BRUSSELS: The growth of business activity in the eurozone slowed down in June after the manufacturing sector posted...
Geopolitical tensions threaten eurozone stability: ECB Published 17 May, 2024 05:50am FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide...
Eurozone inflation falls faster than expected in March Published 08 Apr, 2024 04:46am BRUSSELS: The eurozone’s annual rate of inflation dropped further than expected in March, official data showed...
Dollar steady as PCE data sets up June rate cut bets; yen in focus Published 01 Apr, 2024 09:44am SINGAPORE: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal...
Euro zone govt bond yields tick up after Fed’s Waller remarks Published 01 Apr, 2024 05:34am PARIS: Euro zone bond yields edged up on Thursday after Federal Reserve Governor Christopher Waller advocated a...
Eurozone inflation dips further in February Published 04 Mar, 2024 04:15am BRUSSELS: Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was ...
Dollar waits on US inflation reading, bitcoin tops $60,000 Published 29 Feb, 2024 09:50am SINGAPORE: The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that...
Instant payments will soon be available across EU Published 27 Feb, 2024 03:06am BRUSSELS, (Belgium): Bank customers will soon be able to transfer money across Europe within seconds after the EU...
EU cuts growth and inflation forecasts for 2024 Published 16 Feb, 2024 06:02am BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,...
Flatlining eurozone economy narrowly dodges recession Published 31 Jan, 2024 05:22am BRUSSELS: The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in ...
Eurozone business activity downturn deepens in Dec Published 18 Dec, 2023 06:42am BRUSSELS: Business activity in the eurozone slumped at a faster rate in December, weighed down by a deeper downturn...
Euro zone recession fears harden as surveys show grim start to Q4 Published 07 Nov, 2023 06:33am LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services...
Eurozone economy shrinks as inflation falls further Published 06 Nov, 2023 05:27am BRUSSELS: The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful...
German economy likely shrunk in Q3: Bundesbank Published 30 Oct, 2023 05:24am FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on...
Eurozone banks tighten credit standards further: ECB Published 30 Oct, 2023 05:24am FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a...
Eurozone business activity going from ‘bad to worse’ Published 25 Oct, 2023 06:19am BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched...
Global business activity showed signs of slowdown in August Published 11 Sep, 2023 06:32am LONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak...
Eurozone economic downturn steepens in July Published 25 Jul, 2023 06:20am BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered...