Euro

ECB considers making weaker euro zone states bear more QE risk

Such a move could help persuade a reluctant Germany to back plans to buy state bonds.

Dec 19, 2014, 18:00 PM IST

Swiss national bank introduces negative interest rates

The Swiss National Bank on Thursday said it would introduce a negative exchange rate of -0.25 percent on sight deposit account balances at the central bank as it seeks to deter safe-haven buying.

Dec 18, 2014, 13:34 PM IST

Bank borrowing in new ECB loans programme disappoints

The European Central Bank pumped more liquidity into the financial system on Thursday in a bid to boost the eurozone economy but analysts said the uptake by banks was disappointing.

Dec 11, 2014, 17:51 PM IST

Swiss bank holds key rate but warns of deflation risk

Switzerland`s central bank held its key lending rate on Thursday but revised downwards its forecast for prices, warning that "deflation risks have increased once again".

Dec 11, 2014, 17:45 PM IST

Toshiba's Finnish subsidiary bags euro 1 mn/year contract

Toshiba Corporation's Finnish subsidiary, Landis+Gyr, has bagged a contract worth around 1 million euro per year from Elenia Oy - an electricity distribution firm in Finland - for the supply of transformers.

Dec 11, 2014, 13:56 PM IST

Oil prices, euro hit new lows; European stocks retreat

Crude oil prices and the euro reached new depths on Monday as investors reacted to mixed economic data out of China, Japan and the United States, while European stocks dropped.

Dec 08, 2014, 18:32 PM IST

Asian markets mostly higher at end of strong week

Asian markets mostly rose Friday, ending the week on a high note, as the dollar broke pushed above the 120 yen mark and the euro held on to gains after the European Central Bank held off fresh stimulus measures.

Dec 05, 2014, 14:12 PM IST

Euro slumps to 2-year low ahead of ECB meeting

The euro sank to a two-year low point on Wednesday as investors prepared for the ECB to tip its hand on measures to stimulate a stagnating eurozone economy.

Dec 03, 2014, 23:52 PM IST

ECB's Draghi calls for wage cuts to help the euro

European Central Bank chief Mario Draghi on Thursday called for an "adjustment of wages" in the eurozone to strengthen the viability of the single currency.

Nov 27, 2014, 19:05 PM IST

Euro slips in Asia on ECB official's easing comments

The euro lost more ground in Asia on Thursday after a European Central Bank official`s dovish comments boosted speculation about further easing measures, while lacklustre US data weighed on the dollar.

Nov 27, 2014, 08:54 AM IST

Euro struggles in Asia on ECB chief`s comments

The euro struggled in Asian trade Monday after being hammered late last week in response to comments from the European Central Bank (ECB) chief hinting at further stimulus measures to fend off deflation.

Nov 24, 2014, 12:30 PM IST

Yen hits fresh lows on BoJ easing speculation

In Tokyo afternoon trading, the dollar rose to 118.45 yen, from 118.01 yen in New York and hovering around its highest level since August 2007.

Nov 20, 2014, 11:54 AM IST

Dow, S&P 500 hit records in volatile trading

U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.

Nov 07, 2014, 04:05 AM IST

Euro zone risks "relapse into recession" without structural reforms: Draghi

With a recovery coming to a halt in the second quarter and depressed prices reflecting near record unemployment, France and Italy want to shift away from the spending cuts that marked the bloc`s response to the 2009-2012 crisis.

Oct 25, 2014, 10:50 AM IST

Dollar edges up in Asia ahead of US jobs data

The dollar rebounded slightly against the yen in Asian trade on Friday after tumbling from a six-year high, as investors await the release of a key US jobs report later in the day.

Oct 03, 2014, 10:40 AM IST

European stocks fall, euro hits new dollar-low

Banks led the losers board in Europe, where London`s benchmark FTSE 100 index was down 0.61 percent at 6,608.78 points in afternoon trade.

Sep 29, 2014, 19:40 PM IST

EU companies flush with cash, set to invest: Study

European companies have close to a trillion euros in cash -- far more than before the financial crisis -- and are set to invest heavily during the next 12 months, auditor Deloitte said on Monday.

Sep 15, 2014, 19:16 PM IST

US dollar steady ahead of US Federal Reserve meeting

The US dollar stood at 107.26 yen in mid-morning Singapore, down slightly from 107.31 yen in New York late Friday.

Sep 15, 2014, 10:43 AM IST

Dollar holds gains in Asia

The euro dipped to $1.2914 and 137.85 yen from $1.2916 and 138.02 yen in New York.

Sep 11, 2014, 10:18 AM IST

Dollar, euro in tight range as pound drops

The euro stood at $1.2953 and 136.08 yen, compared with $1.2951 and 136.14 yen in US trade.

Sep 08, 2014, 09:27 AM IST