European Central-bank

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European Central-bank - Total results - 119
Rupee rises 6 paise to 68.92 against dollar in early trade amid positive opening in domestic equity market
Business

Rupee rises 6 paise to 68.92 against dollar in early trade amid positive opening in domestic equity market

The rupee is expected to trade in a narrow range ahead of the much crucial European Central Bank policy statement to be released later on Thursday.

World War II-era bomb defused near Frankfurt's European Central Bank headquarters; 16,500 people evacuated before operation
World

World War II-era bomb defused near Frankfurt's European Central Bank headquarters; 16,500 people evacuated before operation

A 500-kilo World War II bomb was defused near the Frankfurt headquarters of the European Central Bank hours after thousands of people were evacuated.

Asian share markets relieved as China data point to recovery; dollar surges
Business

Asian share markets relieved as China data point to recovery; dollar surges

Investors were hoping for better news from China and were not disappointed with first-quarter economic growth pipping forecast at 6.4 percent.

Gold prices rise to more than one-week high as dollar loses ground after weak US economic data
Business

Gold prices rise to more than one-week high as dollar loses ground after weak US economic data

China, the world’s biggest gold consumer, raised its gold reserves by 0.6 percent to 60.62 million ounces by end-March, central bank data showed.

Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Business

Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal

Spot gold was up 0.2 percent to $1,288.46 per ounce, after slipping to $1,282.50 in the previous session, its lowest since 25 January.

Global economy: Euro zone growth limping as US-China trade war escalates
Business

Global economy: Euro zone growth limping as US-China trade war escalates

Trade fears in Britain are focused on what deal it can strike with the European Union before leaving the bloc at the end of March.

Globally, central banks' actions point to 'synchronised' stimulus withdrawal, feel experts
Business

Globally, central banks' actions point to 'synchronised' stimulus withdrawal, feel experts

At least five central banks, across the emerging and the developed markets, have announced their monetary policies over the last two weeks, amid uneven global economic recovery trends.

Moody's cuts India's 2018 growth forecast to 7.3% from 7.5% citing higher oil prices and tighter financial conditions
Business

Moody's cuts India's 2018 growth forecast to 7.3% from 7.5% citing higher oil prices and tighter financial conditions

Moody's Investors Service on Wednesday cut India's 2018 growth forecast to 7.3 percent from the previous estimate of 7.5 percent

Raghuram Rajan says won't apply for Bank of England governor job, 'am an academic not a professional central banker'
Business

Raghuram Rajan says won't apply for Bank of England governor job, 'am an academic not a professional central banker'

Raghuram Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada’s central bank - steps down at the end of June 2019.

Linking virtual currencies to dark world not right; potential of bitcoins is what financial markets should look at
Business

Linking virtual currencies to dark world not right; potential of bitcoins is what financial markets should look at

Bankers have not been too happy to accept the revolution triggered by digital currencies

Italian prime minister Paolo Gentiloni 'guarantees savers' accounts in two troubled banks
World

Italian prime minister Paolo Gentiloni 'guarantees savers' accounts in two troubled banks

Rome: Italy's premier says holders of accounts in two troubled Italian banks will have their savings guaranteed despite insolvency proceedings.

Athens: Former Greek PM Lucas Papademos injured in booby-trap blast
World

Athens: Former Greek PM Lucas Papademos injured in booby-trap blast

Former Greek prime minister Lucas Papademos was injured when a booby-trapped package exploded in his car in central Athens on Thursday.

'Today financial markets are beyond the control of policymakers', says Sebi chief UK Sinha
Business

'Today financial markets are beyond the control of policymakers', says Sebi chief UK Sinha

The Sebi chief noted that balance sheets of major banks like that of the US Fed, the European Central Bank, Bank of England and Bank of Japan, which have been following near-zero or even negative interest policies, have become too large

Bank of Japan may shift policy focus to rates as monetary policy firepower wanes
Business

Bank of Japan may shift policy focus to rates as monetary policy firepower wanes

With three years of massive money printing failing to push up inflation, the BOJ is expected to move away from shock therapy and towards a protracted battle against deflation

Brexit: IMF warns of repercussions for global economy
World

Brexit: IMF warns of repercussions for global economy

IMF spokesperson Gerry Rice said the Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while dealing with the situation.

EU banking watchdog to relocate from London in case of Brexit
World

EU banking watchdog to relocate from London in case of Brexit

While betting odds have consistently indicated a vote to remain in the EU, opinion polls have so far painted contradictory pictures of how Britons will vote

Greek PM Alexis Tsipras resigns, calls for elections in September
World

Greek PM Alexis Tsipras resigns, calls for elections in September

Greek Prime Minister Alexis Tsipras has proposed calling an early election in the crisis-hit country on 20 September, the <em>ANA</em> news agency said on Thursday.

Greek finance minister quits to smooth talks after 'No' vote
World

Greek finance minister quits to smooth talks after 'No' vote

In a parting blog post celebrating the Greek 'Oxi' ('No') vote, Varoufakis said Greeks had taught Europe a lesson in democracy and should now demand better financial rescue terms.

No point in retaining Greece: Allow it to exit euro for quicker resolution of mess
World

No point in retaining Greece: Allow it to exit euro for quicker resolution of mess

The question that Alexis Tspiras’ government will have to ask itself is after exiting the euro whether it can actually go slow on austerity and keep spending more drachmas, where there are no corresponding goods being produced.

Grexit looms: Greece should not have been part of Eurozone in first place
Business

Grexit looms: Greece should not have been part of Eurozone in first place

From the very beginning the conditions which were at the heart of the euro were never really taken seriously.