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2 mins read
ECB chief Lagarde says the eurozone is 'at a turning point' on interest rates, sending the euro higher against the dollar
ECB's Christine Lagarde said the central bank is in no rush to withdraw its monetary stimulus as an…
Zahra Tayeb
2 mins read
Bitcoin is on the 'road to irrelevance' and its last gasp was already on the horizon before FTX's collapse, ECB officials say
Since bitcoin fails as a form of payment and investment, "it should be treated as neither in regula…
Phil Rosen
2 mins read
The dollar slumps to a one-month low against the euro after ECB chief says the central bank will likely start raising rates in the coming months
The ECB launched negative interest rates in 2014 to bolster the flagging eurozone economy and reduc…
Carla Mozée
2 mins read
ECB chief Christine Lagarde says cryptocurrencies are 'worth nothing' and believes they should be regulated to protect people
ECB President Christine Lagarde said on Saturday cryptocurrencies are "worth nothing" and are "base…
Zahra Tayeb
2 mins read
The declining euro could worsen inflation so the ECB should push rates higher, German finance minister says
The euro is down about 7% against the dollar so far this year and is close to reaching parity with …
Brian Evans
1 min read
Crypto investing is like gambling on horse races and the market was caught in a 'bubble doomed to burst,' ECB's Panetta says
The European Central Bank's Fabio Panetta says crypto "urgently" needs a regulatory crackdown, citi…
Morgan Chittum
2 mins read
A top ECB official is urging a global crackdown on the crypto market to prevent a 'lawless frenzy'
Fabio Panetta said the unregulated crypto market posed a risk to financial stability and policymake…
Hamza Fareed Malik
2 mins read
Adani Airports secures $250 million ECB funding for airport development
The facility has an option to raise additional $200 million. The financing structure enables …
2 mins read
Global shares slide ahead of key US inflation report as central banks step up hawkish talk
The CPI data will be the last one the Federal Reserve sees before its May meeting. It is expected t…
Hamza Fareed Malik
2 mins read
Global stocks mostly drop over hawkish central bank talk while China's COVID outbreak worsens
The rise in COVID cases in China prompted lockdowns and restrictions as the country steps up its ze…
Hamza Fareed Malik
1 min read
US stocks dip after the ECB hikes rates and Fed Chair Powell backs hawkish stance
The European Central Bank increased benchmark rates by 75 basis points on Thursday, the biggest inc…
Brian Evans
2 mins read
The ECB says it will scale back its bond buying faster than planned, as Russia's war on Ukraine is a 'watershed moment for Europe'
The European Central Bank now aims to end its monthly bond buying in the third quarter, depending o…
Karen Friar
2 mins read
The European Central Bank keeps bond-buying steady and says it will tolerate inflation above 2% for the first time
The ECB kept the pedal to the floor and said it was fine with inflation rising above 2% for a while…
Harry Robertson
2 mins read
ICC introduces in-match penalties for slow over-rates, optional drinks break in T20Is
The first men's match to be played under the new playing conditions will be the one-off tie betw…
2 mins read
Indian cricketer Rishabh Pant reportedly tests positive for COVID-19 ahead of India-England series
"Good experience watching [emoticon: football] [emoticons: flags of England and Germany]," Pan…
2 mins read
Global shares hover near record highs as rising COVID cases and a slew of economic data leaves investors cautious
Investors remained cautious on Monday as cases of the delta variant continued to grow ahead of a sl…
Sophie Kiderlin
2 mins read
ECB says it will keep to faster pace of bond-buying to help the economy bounce back from COVID
The European Central Bank said it had weighed up the inflation outlook and decided to keep snapping…
Harry Robertson
2 mins read
US stocks fall as investors digest ECB rate hike plan and await key inflation data
Economists surveyed by Bloomberg expect the CPI to be unchanged at 8.3% in May, and expect core inf…
Matthew Fox
1 min read
Europe's energy firms are in a financing crunch, but the ECB won't provide liquidity to them even as it probes risks to banks
Providing liquidity to energy firms is the job of European Union governments, not the central bank,…
Phil Rosen
1 min read
Crypto's growth within traditional institutions will create contagion risk that threatens financial stability, ECB warns
"Based on the developments observed to date, crypto-asset markets currently show all the signs of a…