Asian shares subdued as China trade eyed, yen steadies after recent fallsLater in the day, the Bank of England (BoE) will decide its interest rate policy, with all eyes on the prospects of a June rate cut followi...
Global rate-hike marathon may keep going in NordicsOn Thursday, Sweden's Riksbank could deliver yet another quarter-point salvo, taking its key rate to 4.25% to fight inflation or not, depen...
European shares slip as industrials drag; focus on c.banks meetingsInvestors remained cautious ahead of interest rate decisions by major central banks this week, including the U.S. Federal Reserve on Wednes...
Charting the global economy: China's economic woes pile up, US consumer spending loses steamChina is seeing moderation in holiday tourism and industrial profits amid week consumer spending and housing slump.
Dollar gains on flight to safety; pound, Swedish crown, kiwi struggleThe impasse in Washington over debt ceiling negotiations has helped lift the dollar, even though it could lead to a default and push the co...
Sweden's Central Bank announces biggest interest rate hike. Here's whySweden's Central Bank "Sveriges Riksbank" said on Tuesday that the high prices and deteriorating purchasing power would also make living co...
World’s oldest central bank hits legal roadblock in crisis fightThe Riksbank doesn’t have the legal right to buy bonds issued by companies.
View: What Bill Gates gets wrong about fossil fuelsGates’s history makes him peculiarly ill-suited to understand how damaging debt divestment can be.
Powell sees significantly smaller role for Fed forward guidanceSome Fed policy makers think forward-looking language in the central bank’s statement will soon be dated.
People in Sweden may lose access to notesAs the usage of cash declines, the cost for providing notes and coins increases.
Hunt starts for billion kronor about to be worthless in Sweden“Everything is physical so it’s more difficult. We must collect the coins and make people search for coins in their drawers, desks and bags...
Angus Deaton wins 2015 Nobel Prize for EconomicsBritish economist Angus Deaton won the 2015 economics Nobel Prize for "his analysis of consumption, poverty, and welfare," the Royal Swedis...
Why central banks have premature rate-hike anxietyFor BCA Research's Dhaval Joshi, a better question might be how long those rates will last before they must come down again.
Polaris Financial Technology wins contract from Swedish Central BankBank users will benefit from more efficient use of collateral assets and Riksbank will gain real-time control and greater flexibility.
Sweden: Rock star of recovery has turned itself into JapanWidely regarded as a role model in dealing with a global crisis, Sweden was declared “the rock star of the recovery” by The Washington Post.
- Sweden approves $200 billion bailout plan
Sweden's Parliament approved a $200 billion rescue package for the nation's financial sector.
- Fed sets up additional $30 bn currency swap facility
Federal Reserve said that it has set up an additional $30 bn currency swap facility with central banks in Australia and Scandinavia, a move...