Dollar eases against euro NEW YORK: The US dollar eased against the euro on Monday, extending last week’s fall, as the US currency remains... Published 19 Dec, 2023 05:20am
Business & Finance ECB governors see no dovish pivot before March, cut before June FRANKFURT: European Central Bank policymakers do not expect to change their message on the need for high interest... Published 18 Dec, 2023 10:20am
Business & Finance Barclays sees ECB delivering first rate cut in April The European Central Bank (ECB) will deliver its initial 25 basis points interest rate cut in April next year,... Published 15 Dec, 2023 11:05am
Markets Oil prices on track for first weekly rise in two months LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a... Updated 15 Dec, 2023 03:36pm
Markets Dollar takes a dive after Fed signals rate cuts next year TOKYO: The dollar was under pressure on Thursday after the Federal Reserve’s latest economic projections indicated... Published 14 Dec, 2023 09:35am
Markets Yen hands back gains, dollar waits on CPI SINGAPORE: The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the... Published 12 Dec, 2023 09:41am
Markets Indian rupee to contend with uptick in US yields, paring of Fed cut expectations MUMBAI: The Indian rupee is likely to open slightly weaker on Monday, pressured by a rise in US Treasury yields... Published 11 Dec, 2023 10:43am
Markets India’s Nifty 50 set to open at all-time high BENGALURU: India’s benchmark index Nifty 50 is set to open at a new record high on Monday, continuing its rally from... Published 11 Dec, 2023 09:45am
Markets Germany’s DAX touches fresh record high PARIS: Germany’s benchmark index scaled a fresh all-time high on Wednesday after disappointing industrial orders... Published 07 Dec, 2023 04:35am
Markets Sterling close to 3-month high versus euro as markets bet on ECB rate cuts Sterling hovered around its highest levels in almost three months against the euro on Tuesday, as markets raised... Published 05 Dec, 2023 03:35pm
Markets European shares hit four-month highs as miners rally PARIS: European shares extended their gains from November on Friday, propelled by sharp rises in miners and as euro... Published 02 Dec, 2023 05:09am
Business & Finance ECB chief Lagarde admits her son lost crypto cash FRANKFURT: No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who... Published 24 Nov, 2023 05:53pm
Business & Finance Dollar strengthens after US labor, consumer data NEW YORK: The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after economic data showed the... Published 23 Nov, 2023 03:19am
Markets European shares listless after robust week BENGALURU: European shares were subdued on Monday after a strong week driven by aggressive bets on interest rate... Published 21 Nov, 2023 06:01am
Markets European shares end higher as bond yields slide PARIS: European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing... Published 18 Nov, 2023 06:03am
Markets Euro finds footing on hawkish policy remarks, lower energy prices SINGAPORE: The euro was near a 15-year high on the yen and was firm against the dollar on Thursday, following... Published 09 Nov, 2023 09:53am
Markets European shares rise on strong earnings PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while... Published 09 Nov, 2023 05:38am
Business & Finance ECB must keep rates at or near 4% through 2024 to get inflation down: IMF FRANKFURT: Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank... Published 08 Nov, 2023 12:39pm
Business & Finance Eurozone economy shrinks as inflation falls further BRUSSELS: The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful... Published 06 Nov, 2023 05:27am
Markets European stocks push higher at open LONDON: Europe’s leading stock markets pushed higher at the start of trading on Tuesday, a day charged with... Published 31 Oct, 2023 01:53pm
Markets European shares rise as bond yields retreat PARIS: European shares began the week on a strong footing, boosted by a drop in bond yields with investors assessing... Published 31 Oct, 2023 05:26am
Markets French shares lag European peers on Sanofi’s dour forecast PARIS: European shares fell to near seven-month lows on Friday and clocked a second week of losses, with France’s... Published 28 Oct, 2023 05:58am
Markets ECB set to pause rate hikes as eurozone feels pinch BERLIN: European Central Bank policymakers are widely expected to leave interest rates unchanged when they meet in... Published 26 Oct, 2023 11:40am
Markets European stocks mark best day in nearly a year PARIS: European stocks rebounded sharply on Tuesday as dovish comments from US Federal Reserve and European Central... Published 11 Oct, 2023 03:10am
Markets ECB’s Lagarde: confident over 2% inflation target and Europe’s winter gas situation PARIS: European Central Bank President Christine Lagarde said in an interview published on Sunday that she was... Updated 08 Oct, 2023 01:28pm
Markets ECB’s Holzmann calls for minimum reserve of up to 10% for commercial banks BERLIN: European Central Bank (ECB) policymaker Robert Holzmann has called for commercial banks to hold a minimum... Published 27 Sep, 2023 05:43pm
Markets ECB needs to be cautious about doing too much on rates: Villeroy PARIS: The European Central Bank has reached the point where it needs to be wary of raising interest rates too high... Published 25 Sep, 2023 02:49pm
Markets Oil prices rise as Russia fuel export ban stokes supply concerns LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted... Updated 22 Sep, 2023 05:49pm
Markets Euro gains; yen flounders ahead of central bank bonanza SINGAPORE: The euro clung to gains on Tuesday following hawkish comments from European Central Bank (ECB)... Published 19 Sep, 2023 10:18am
Business & Finance ECB policymakers push back on rate cut expectations SANTIAGO DE COMPOSTELA: The European Central Bank will keep interest rates high for an extended period and could... Published 15 Sep, 2023 05:11pm
