ECB doesn't need to dampen still weak economy: Board memberThe European Central Bank does not need to dampen the euro zone's economy even more to get inflation under control because demand is still ...
12 Feb, 2024, 09.32 PM IST
Dollar ticks up, US inflation data tops this week's billThe dollar edged higher on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all ...
12 Feb, 2024, 09.29 PM IST
Gold faces weekly loss on surging bond yields as US payrolls loomThe Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak on Thursday, its 14th back-to-back in...
04 Aug, 2023, 07.47 AM IST
EU to take one giant leap towards digital euroFrom China to the United States, Jamaica to Japan, dozens of central banks worldwide are exploring or have already put in place digital cur...
28 Jun, 2023, 09.35 AM IST
European shares lifted by US debt deal optimism, Swedish real estate stocksEuropean shares rose on Friday, as investors were boosted by the passing of the US debt ceiling bill and hints that the Federal Reserve may...
02 Jun, 2023, 02.32 PM IST
ECB says it can compensate banks if digital euro causes deposit flightAhead of the ECB's decision about developing a digital euro in October, European banking lobbies have warned that a central bank-backed cur...
24 Apr, 2023, 10.45 PM IST
European shares fall ahead of busy earnings weekInvestors will closely monitor results from some of the highest-valued U.S. companies including Microsoft Corp, Google parent Alphabet Inc ...
24 Apr, 2023, 01.47 PM IST
ECB faces new communication challenge as inflation fallsThe ECB has already promised another large rate hike in March and policymakers are also hinting at a move in May, pushing up mortgage costs...
16 Feb, 2023, 09.06 PM IST
ECB shouldn’t slow hikes as wage pressures grow, says SimkusThere are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation com...
24 Jan, 2023, 10.31 PM IST
Digital euro will be free but limited in scope, ECB saysThe ECB is working on a digital version of its currency and is in the process of outlining the broader design, also hoping to alleviate con...
23 Jan, 2023, 11.10 PM IST
ECB's Lagarde says inflation hasn't peaked, may surpriseHer comments, along with remarks by Dutch central bank chief Klaas Knot earlier, were likely to dampen speculation that the ECB was about t...
28 Nov, 2022, 10.11 PM IST
Bitcoin back below $30,000; European regulators renew crypto warningsBitcoin fell 5% to around $29,700 on Monday in Asian trade, sliding alongside stocks because of worries about high inflation and rising int...
16 May, 2022, 03.06 PM IST
Gold edges higher as dollar eases; hawkish Fed limits gainsGold prices edged up on Thursday as the dollar eased slightly, but comments from U.S. Federal Reserve policymakers suggesting the central b...
25 Nov, 2021, 07.32 AM IST
ECB's Christine Lagarde says euro zone recovery still fragileECB policymakers have started to debate when they should dial back their emergency bond purchases, which have pumped over a trillion euros ...
02 Jul, 2021, 04.22 PM IST
Asian shares step back from 2-wk highs, dollar firmMSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5% at 691.76, still not too far from Wednesday's high of 696.76, a le...
27 May, 2021, 07.45 AM IST
Dollar on defensive as risk sentiment recovers amid retreat in US yields; Aussie gainsAn index of the dollar against six of its major peers was little changed early in the Asian session Wednesday, after dropping back from a n...
03 Mar, 2021, 09.15 AM IST
Euro-zone spare cash already in trillions eyes another milestoneThe ECB on Thursday will disburse its latest round of loans with interest rates as low as minus 1 per cent. While the take up may pale in c...
20 Sep, 2020, 09.36 AM IST