Dollar slips vs euro as data weighs NEW YORK: The dollar slipped against the euro on Tuesday after data showed US services industry growth eased and as... Published 06 Mar, 2024 04:18am
Business & Finance Dollar edges down vs euro NEW YORK: The US dollar edged down against the euro on Monday, at the start of an action-packed week for markets ... Published 05 Mar, 2024 03:09am
Business & Finance ECB to hold rates again, awaiting clearer signs on inflation FRANKFURT: The European Central Bank is expected to freeze interest rates again this week, with officials wary of... Published 04 Mar, 2024 11:33am
Markets Europe’s STOXX 600 rises on miners, tech support PARIS: Europe’s benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while... Published 28 Feb, 2024 06:10am
Markets Sterling bulls take a breather, for now LONDON: Speculators have trimmed their bullish positions in the pound for the first time in eight weeks, suggesting... Published 27 Feb, 2024 12:22pm
Markets Europe’s STOXX 600 falls at start of inflation data-driven week PARIS: Europe’s benchmark stock index dropped on Monday, led by miners, with investors bracing for crucial... Published 27 Feb, 2024 03:06am
Business & Finance ECB books first loss since 2004 as rate hikes bite FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,... Published 23 Feb, 2024 06:36am
Business & Finance ECB reports record loss for 2023 as rate hikes bite FRANKFURT: The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were... Published 22 Feb, 2024 04:24pm
Markets Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
Markets European markets round off busy week of data PARIS: European shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of ... Published 17 Feb, 2024 05:51am
Business & Finance ECB likely to cut rates in small increments with pauses ZAGREB: The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts... Published 30 Jan, 2024 04:44pm
Business & Finance ECB will start cutting rates sooner or later as inflation eases, De Guindos says MADRID: The European Central Bank will cut interest ratees sooner or later given recent encouraging inflation... Published 29 Jan, 2024 01:08pm
Print ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and... Updated 26 Jan, 2024 09:55am
Markets Yen falls as BOJ stands pat; China market rescue talk helps yuan, Aussie SINGAPORE: The yen fell broadly on Tuesday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy... Published 23 Jan, 2024 09:32am
Business & Finance ECB to signal no rush to cut interest rates FRANKFURT: European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they... Published 22 Jan, 2024 12:56pm
Markets European shares clock weekly declines as rate-cut euphoria fades PARIS: European shares logged weekly declines on Friday, as investors tempered their expectations around major... Published 20 Jan, 2024 05:18am
Markets Asian shares bounce on global tech rally, yen loser of the week SYDNEY: Asian shares bounced on Friday, buoyed by a rally in regional chipmakers, while the yen was set to end the... Published 19 Jan, 2024 09:59am
Markets European shares advance as chipmakers rally PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and... Published 19 Jan, 2024 05:37am
Business & Finance Dollar up for fifth straight session NEW YORK: The dollar index rose for a fifth straight session on Thursday after labor market data showed job growth,... Published 19 Jan, 2024 05:37am
Business & Finance Indian rupee ends lower MUMBAI: The Indian rupee ended lower on Wednesday, pressured by likely equity outflows and as the US dollar index... Published 18 Jan, 2024 05:54am
Business & Finance ECB’s Lagarde says summer rate cut ‘likely’ DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said... Published 17 Jan, 2024 05:09pm
World EU 27 states will provide further funds to Ukraine BRUSSELS: The chief of the European Union’s executive Commission, Ursula von der Leyen, on Wednesday said she was... Published 17 Jan, 2024 01:40pm
Markets Dollar at one-month high as rate cut expectations ease on Fed speak TOKYO: The dollar index hovered at a one-month high against a basket of currencies on Wednesday as remarks by... Published 17 Jan, 2024 09:46am
Business & Finance Most Asian FX fall on rates outlook volatility BENGALURU: Most Asian currencies and stocks fell on Tuesday, with the South Korean won leading the losses, pressured... Published 17 Jan, 2024 06:02am
Business & Finance Next move is a rate cut but date is open question: ECB’s Villeroy The European Central Bank cannot yet declare victory over inflation but its next move is likely to be an interest... Published 16 Jan, 2024 12:38pm
Markets India to allow edible oil imports at lower duty until March 2025 MUMBAI: India will extend the import of edible oil at a lower duty by another year until March 2025, the government... Published 16 Jan, 2024 10:39am
Markets Indian rupee winning run may pause on dollar strength before key Fed member’s speech MUMBAI: The Indian rupee is expected to open slightly lower on Tuesday, pressured by the US dollar’s advance on weak... Published 16 Jan, 2024 10:10am
Markets Dollar starts 2024 on firm footing, bitcoin surpasses $45,000 SINGAPORE: The dollar rose on the first trading day of the year as attention turned to economic data this week that... Published 02 Jan, 2024 09:42am
Business & Finance Australia, NZ dlrs at fresh five-month highs SYDNEY: The Australian and New Zealand dollars were celebrating fresh five-month highs on Thursday as markets went... Published 29 Dec, 2023 02:58am
Markets King dollar seen vulnerable in 2024 if Fed pivots NEW YORK: The Federal Reserve’s dovish December pivot has boosted the case for the weakening dollar to keep falling... Published 20 Dec, 2023 11:24am
