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Number of EU banks down in 2013: ECB

Last Updated: Friday, July 11, 2014, 21:57

The number of domestic banks and credit institutions in Europe and the eurozone declined in 2013, confirming a downtrend seen for a number of years, new data showed on Friday.

Growth fears hit global stocks, investors eye Fed, Draghi

Last Updated: Wednesday, July 09, 2014, 17:49

Major currencies and bond markets were steady before a speech by European Central Bank President Mario Draghi.

Europe's stocks, periphery's bonds dip as banks fined

Last Updated: Tuesday, July 08, 2014, 18:08

The ECB has made unprecedented policy moves in recent months to stimulate bank lending and revive the euro zone economy.

India Inc's foreign borrowings fall to $1.46 bn in May

Last Updated: Monday, July 07, 2014, 19:23

External borrowings of Indian companies fell by 41.3 percent to USD 1.46 billion in May this year compared to the same month last year, according to the Reserve Bank data.

Global economy weekahead; living in interesting times

Last Updated: Sunday, July 06, 2014, 15:57

The European Central bank cut rates last month and may yet have to resort to quantitative easing to ward off deflation.

World stocks hold at all-time high after bumper week

Last Updated: Friday, July 04, 2014, 22:14

European shares were marginally in the red as the dust settled from Thursday`s forecast-busting US jobs data and ECB meeting.

ECB holds key rate steady at 0.15%

Last Updated: Thursday, July 03, 2014, 18:18

The ECB is instead targeting loans to encourage banks to lend to households and non-financial corporations.

ECB to keep rates on hold, gauge impact of latest cut

Last Updated: Thursday, July 03, 2014, 10:04

The European Central Bank is unlikely to make new policy moves at its monthly meeting on Thursday, focusing instead on assessing the impact of last month`s unprecedented package of measures.

Former team mate says `aloof` Vincent easy target for match fixers

Last Updated: Wednesday, July 02, 2014, 10:42

Former team-mate Iain O`Brien has said banned former New Zealand batsman Lou Vincent was an easy target for match fixers because of his aloof behaviour and feeling of self-doubt.

Former Kiwi batsman Lou Vincent receives life ban for match-fixing

Last Updated: Wednesday, July 02, 2014, 00:34

Former New Zealand batsman Lou Vincent has received a life ban from cricket by the England and Wales Cricket Board (ECB).

European stock markets kick off week on downbeat note

Last Updated: Monday, June 30, 2014, 18:17

Deflation is such a threat that the European Central Bank has moved into negative interest rates to get cash flowing.

Alastair Cook is last thing England would want to lose

Last Updated: Monday, June 30, 2014, 16:32

Over the last few years, English cricket’s success all across the world has revolved heavily around Alastair Cook. Whether it was the Ashes tour of 2010-11 where he amassed 766 runs off just seven innings, or his first tour to India as a skipper where he slammed centuries in all the three Tests, Cook has brought several laurels for England with some astonishing innings.