European Central Bank

NEW DELHI: The Reserve Bank of India (RBI)is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking…

The European Central Bank (ECB) announced a new rate increase of 0.25 percentage point, bringing its main rate to 3.75 percent from 3.5 percent on Thursday to fight inflation.The latest hike brings the ECB's current interest rate to 3.75…

The central bankers' central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development.Around 130…

Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to protect their precious revenues, but quickly gave up their gains.Asian stock markets meanwhile advanced as easing inflation data…

Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing a current rally that is concentrated in a handful of technology…

The European Union on Wednesday proposed injecting more competition into the payments sector, giving legal backing to a digital euro, and preserving the role of cash as fewer people use coins and notes.The package of European Commission…

Last Updated: June 28, 2023, 00:36 ISTNew York, United States of America (USA)European Central Bank President Christine Lagarde on Tuesday said that stubbornly high inflation will require the bank to avoid declaring an end to rate hikes.…

Last Updated: June 17, 2023, 00:33 ISTLondon, United Kingdom (UK)On Wall Street, the Dow Jones Industrial Average rose 74.92 points, or 0.22%, to 34,482.98, the S&P 500 gained 11.92 points, or 0.27%, to 4,437.76 and the Nasdaq Composite…

Last Updated: June 16, 2023, 01:13 ISTUnited States of America (USA)LinkedIn's revenue jumped 34% to $3.5 billion last year, helped by advertising demand and a strong job market.This comes after LinkedIn introduced AI features to help…

Last Updated: June 16, 2023, 02:30 ISTLondon, United Kingdom (UK)U.S. Treasury yields were lower as investors digested the economic data and the Fed's update.Equities trading had been choppy on Wednesday after the Fed signaled it could…