Asian stocks fall on Monday
Asian stocks fell sharply on Monday, pressured by a Wall Street selloff, renewed concerns over China’s property…
Browsing Tag
European Central Bank
Euro area current account surplus up in June – ECB
The euro area recorded a current account surplus of €36 billion in June 2025, up from €32 billion in May, the…
Eurozone growth remains tepid in July, PMI shows
The eurozone economy extended its modest growth streak into a seventh month in July, as services activity picked up…
EU prepared to retaliate with €21b tariff package – Italy’s FM
The European Union readied a package of retaliatory tariffs worth €21 billion ($24.5 billion) on US goods should…
De Guindos: ECB wiser on dangers of easy money
The European Central Bank (ECB) will take a more cautious approach to monetary stimulus tools such as quantitative…
ECB rate cut to keep inflation on track – Lane
The European Central Bank’s latest interest rate cut will support inflation returning to the 2 per cent target…
Bulgaria gets EU approval to join eurozone in ’26
The European Commission and European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, set for 1…
Euro area inflation slows to 1.9% in May – Eurostat
Euro area inflation slowed to 1.9 per cent in May, down from 2.2 per cent in April, edging just below the European…
ECB’s Wunsch warns against excessive rate cuts
European Central Bank policymaker Pierre Wunsch cautioned that the eurozone risks "sleepwalking" into excessive…
Asian markets slide as c. bank decisions, geopolitical uncertainty loom
Asian shares dipped on Monday, led by a 2.4 per cent decline in South Korean stocks amid political uncertainty…
ECB to continue rate cuts, neutral rate expected in H1-25 – Rehn
Olli Rehn, Governor of the Bank of Finland, indicated that the European Central Bank (ECB) would continue its…
India’s c. bank likely to cut rate amidst economic slowdown
India's central bank is expected to cut its key policy rate 25 basis points to 6.25 per cent in December to boost…
Yen weakens as Japan election results raise uncertainty
Japanese yen dropped to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority…
URGENT: ECB cuts interest rates as inflation eases below target
The European Central Bank lowered interest rates again on Thursday and signalled “the disinflationary process is…
Asian markets rise amid strong US earnings
Asian stock markets mostly traded higher on Tuesday, buoyed by a strong close on Wall Street and optimism about…
Asian shares surge, dollar strengthens amid inflation concerns
Asian shares surged Thursday, following a tech-led rally on Wall Street. The dollar strengthened as US core…
Asian markets steady as investors brace for key economic data
Asian markets started the week quietly as investors prepared for a data-heavy week.
Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…
Economists optimistic about global growth – poll
Economists are increasingly optimistic about global growth prospects for this year and the next, according to a…
ECB holds rates steady, vows continued fight against inflation
The European Central Bank (ECB) kept interest rates unchanged as expected on Thursday, giving no hints about its…
Yen hits 6-week high on intervention speculation
The Japanese yen surged to a six-week high on Thursday, fuelled by speculation of intervention by Japanese…
Asian stocks fall on trade tensions
Asian stock markets fell on Thursday due to concerns about a potential trade war between the US and China.
New Zealand’s c. bank keeps rates at 5.5% in June
New Zealand's central bank (RBNZ) left its key interest rate unchanged at 5.5 per cent as expected on Wednesday.
Gold nears record high as rate cuts loom
Gold prices extended their gains in Asian trade on Thursday, buoyed by expectations of interest rate cuts from the…
Spain inflation accelerates for 3rd consecutive month
Spain's inflation accelerated for a third consecutive month, spurred by the gradual withdrawal of government…
Eurozone growth hits year high amid recovery
Eurozone private-sector business activity hit a one-year high in May, indicating a solidifying economic rebound,…
European shares inch up, boosted by commodity stocks
European shares saw a slight increase early on Monday, with the pan-European STOXX 600 index rising by 0.1 per cent…
European shares peak on earnings optimism, rate cut hopes
European shares reached their highest point in over a month on Tuesday, buoyed by a wave of positive corporate…
Western banks hand €800m tax to Kremlin in ’23
The seven largest European banks in Russia paid over €800 million in taxes in 2023 despite pledges to reduce their…
Germany’s Scholz pushes for united EU banking
German Chancellor Olaf Scholz advocated on Tuesday for the completion of a European banking union, emphasising it…
Greece to fast-track repayment of €5b in eurozone bailout loans
Greece is planning an early repayment of up to €5 billion ($5.34 billion) of bailout loans to eurozone countries…
Gold loses shine as focus shifts to US inflation data
Gold prices tumbled on Monday as hopes for a de-escalation in the Middle East reduced its safe-haven appeal.
Gold gleams despite rate hike expectations
Gold prices climbed on Thursday, defying expectations of pressure from rising US interest rates.
US data lifts dollar, yen weakens
The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and euro,…
European banks seek ‘strategic’ status
European banks are urging the European Union (EU) to classify them as a strategic sector, warning that their…
Spain’s inflation hits 3.2% in Feb
Spain's inflation surged in March amid the government's gradual removal of support measures, initially aimed at…
SWIFT to unveil CBDC platform within 2 years
SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
Swiss c. bank likely to cut rates
A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom
Morgan Stanley raised its year-end target for the MSCI's European index on Tuesday, citing the positive impact of…
ECB holds key rates steady
The European Central Bank (ECB) has on Thursday left key rates unchanged following the December policy meeting.