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GERMAN STIMULUS PACKAGE
Dollar stuck near 5-month low, struggles to shake off growth concernsThe U.S. dollar remains near a five-month low against the euro and other major currencies due to fears of an economic slowdown from Preside...- European shares slip as China-fuelled rally loses steamEuropean shares opened lower on Wednesday as the rally from China's stimulus package faded. The STOXX 600 index dropped 0.3%, with technolo...
- Asian stocks set for soft start, dollar mostly steadyThe choppy trade reflected concerns about new strains of the deadly virus, along with uncertainty about the $1.9 trillion U.S. fiscal stimu...
- European shares inch lower on lockdown worriesThe pan-European STOXX 600 index fell 0.5% by 0804 GMT, set to end the week marginally lower.
- European shares extend gains on recovery hopesThe pan-European STOXX 600 index rose 0.4% to hold near February 2020 highs, while London's blue-chip FTSE 100 gained 0.5% and Germany's DA...
- European stocks extend gains as Brexit deal boosts UKThe pan-European STOXX 600 was up 0.8% by 0828 GMT, rising for a fifth straight session and scaling a new 10-month high.
- European stocks seek direction after Wall Street rallyGlobal markets saw a relief rally as U.S. President Donald Trump was discharged from the hospital on Monday following treatment for COVID-1...
- European stocks inch higher, banks slide after HSBC warningThe pan-European STOXX 600 index was up 0.1 per cent at 0714 GMT, with technology, automakers and oil & gas firms leading the gains.
- European stock markets rebound after pandemic-driven crashThe benchmark STOXX 600 index was up 4% at 0805 GMT, following a 12% plunge on Thursday.
- German industrial recession drags economy deeper into slumpFactory activity is shrinking at the fastest pace in a decade and growth in services is softening.
- Key takeaways from ECB bazooka for European economy, Indian businessesThe ECB on Thursday surprised global equity markets with the extent of its monetary policy stimulus package to revive inflation in Europe.
- Daimler gets approval for truck JV with China's FotonDaimler AG said it has received Chinese government approval to set up a 50-50 truck venture with Beiqi Foton Motor Co.
- PM to push for reforms of global financial institutionsIndia will push for radical reforms of the international financial institutions and continuance of the stimulus package to speed up the rec...
- IMF chief says world must clean up its bad banks: ReportGovernments the world over are acting too slowly when it comes to cleaning up their banks' balance sheets, IMF chief Dominique Strauss-Kahn...
- Brown's G20 deal to end recession scuppered by EU leadersBritish Prime Minister Gordon Brown's ambitious plans for a new G20 deal of USD 2-trillion-package, to end global recession, have been scup...
- Europe on collision course with US over financial crisisEurope looks set for a collision course with the US over solutions to the global economic crisis, as Germany and France jointly called Thur...
- German government announces second stimulus packageGermany's government finalised Monday a second stimulus package aimed at lifting Europe's biggest economy out of its worst postwar recessio...
- EU mulls 200-billion-euro stimulus package amid reservationsEuropean finance ministers get their first chance on Monday and Tuesday to discuss EU plans for a 200-billion-euro stimulus package in the ...
- EU scrambles to draft economic recovery plansThe European Union scrambled on Monday to put the final touches to a coordinated economic stimulus package designed to drag the continent's...
- EU plans 130-billion-euro stimulus plan: GermanyThe European Commission is planning a 130-billion-euro (163-billion-dollar) economic stimulus programme, a spokeswoman for the German econo...
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