Euro gains, hits 15-year peak vs yen NEW YORK: The euro hit a 15-year peak against the yen and a fresh four-week high against the dollar on Thursday ... Published 16 Jun, 2023 06:27am
Markets No pause in sight as ECB eyes next rate hike FRANKFURT: The European Central Bank will almost certainly deliver another interest rate hike on Thursday, pressing... Published 12 Jun, 2023 11:22am
Markets Dollar steady, with Fed pause eyed in busy central bank week SINGAPORE: The dollar held its ground on Monday but was still near multi-week lows against some of its major peers... Published 12 Jun, 2023 09:39am
Markets European shares slip as cenbank meetings loom PARIS: European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines... Published 12 Jun, 2023 06:26am
Markets Dollar retreats on jump in US jobless claims; eyes on Fed SINGAPORE: The dollar retreated on Friday, dragged by lower US Treasury yields after a spike in weekly jobless... Published 09 Jun, 2023 09:18am
Markets Inflation crashes the party as ECB marks 25 years FRANKFURT: The European Central Bank celebrates its 25th anniversary Wednesday but soaring inflation in the eurozone... Published 24 May, 2023 11:21am
Markets Oil prices dip 1pc as US economic data boosts dollar NEW YORK: Oil prices slid about 1 percent on Thursday after solid US economic data spurred the dollar to a two-month... Published 19 May, 2023 06:17am
World G7 to discuss diamond trade with future Russia sanctions in mind HIROSHIMA: Leaders of the Group of Seven (G7) nations will discuss how to trace Russian diamond trade at a summit... Published 18 May, 2023 02:58pm
Markets Markets rally on US debt deal optimism LONDON: Asian and European stock markets advanced Thursday, tracking a Wall Street rally in optimism over talks to... Updated 18 May, 2023 05:13pm
Markets 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
