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EUROZONE ECONOMY
Global Market: European shares steady near record highs as Iran war, Eurozone data in focusEuropean shares traded largely flat near record highs as investors weighed stalled US-Iran negotiations, elevated oil prices and upcoming E...
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
India-EU Investment Protection Pact, GI agreements work in progress: Piyush GoyalIndia and the European Union are progressing on investment protection and GI agreements. These pacts will create significant business oppor...
Global Market: ECB monitoring Middle East conflict for inflation risksThe European Central Bank sees no immediate inflation fallout from the Iran conflict. Policymakers are closely watching for indirect price ...
Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...
Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: AnalystsGold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic ...
IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
Nifty’s hidden discount sale: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?Over half of India's top Nifty50 stocks are now trading at lower forward P/E multiples than in 2023, indicating a significant valuation cor...
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Global Market: Eurozone inflation stays above ECB target as fuel costs begin to filter throughInflation across the euro zone’s four largest economies stayed above the European Central Bank’s 2% target for a third consecutive month in...
Eurozone economy shrinks as inflation falls furtherThe eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank's painful rate-hiking campaign, but inflation ...
Eurozone economy accelerates to 11-month high in April: PMIThe S&P Global Flash Eurozone purchasing managers' index (PMI) rose to 54.4 in April from 53.7 in March. A figure above 50 indicates growth.
Eurozone inflation jumps to record 10% as energy prices soarStoked by a staggering 40.8 percent rise in energy prices, the yearly inflation rate in the 19-country single currency area hit its highest...
Eurozone unemployment stable, no jobs crisis for nowThe unemployment rate in the 27 countries of the European Union followed the same trend, standing at 7.5 percent in February, stable compar...
- Eurozone economy grows by 0.2% in July-Sept
Eurozone economy expanded by 0.2% in the three months to September, even as severe debt turmoil threatens to derail the recovery
- Euro surges after massive EU bailout agreed
The euro surged in Asia on Monday after a massive aid package came through for the eurozone economies and the European Central Bank vowed t...
- Eurozone economies on a crash diet
Eurozone economies turned in some of the worst economic figures in decades, with big daddy Germany taking a big hit, shrinking by 1.5% in t...
- Dollar gains as eurozone economy contracts
The dollar booked fresh gains against the euro and other major currencies on Thursday as official data revealed that the eurozone economy h...