Last Updated: Thursday, December 05, 2013, 19:36
The European Central Bank Thursday held its key interest rate at a record low of 0.25 percent, as widely expected, holding back for now on further moves to boost the struggling eurozone economy.
Last Updated: Thursday, November 28, 2013, 23:23
European banks will require 280 billion euros (USD 380 billion) of extra capital in 2014 to meet reforms aimed at avoiding a repeat of the global financial crisis, according to a report published Thursday.
Last Updated: Thursday, November 28, 2013, 23:19
Chronically weak lending and persistently low inflation suggest the eurozone`s fight against deflation is not over and more action may be needed from the European Central Bank, analysts said Thursday.
Last Updated: Thursday, November 28, 2013, 12:49
England all-rounder Stuart Broad has termed the `shock` exit of his batting teammate Jonathan Trott from the Ashes as `heartbreaking`, adding that that the squad would rally around Trott.
Last Updated: Monday, November 25, 2013, 15:32
European Central Bank Governing Council member Christian Noyer said on Monday that interest rates have to remain low for an extended period and might go even lower if needed as officials try to ensure the euro zone does not fall into deflation.
Last Updated: Friday, November 22, 2013, 17:55
With euro zone inflation running at 0.7 percent, well below its target of just under 2 percent, a raft of ECB speakers this week have said it is open to taking fresh measures to support the economy.
Last Updated: Friday, November 22, 2013, 15:35
The European Central Bank said on Friday it is suspending early repayments by banks of the emergency funds they borrowed at the height of the eurozone crisis.
Last Updated: Monday, November 11, 2013, 14:14
England`s star batsman Kevin Pietersen, who has flown to Melbourne for treatment on his knee injury, has said that he is fine and fans should relax.
Last Updated: Monday, November 11, 2013, 12:54
Ageing off-spinner Graeme Swann insisted on Monday that England are not too old to defend the Ashes, saying the team`s mix of youth and experience is an asset.
Last Updated: Sunday, November 10, 2013, 11:12
England manager Roy Hodgson says he is willing to think outside the box in a bid to end the national team`s record of penalty shoot-out heartache at major international tournaments.
Last Updated: Saturday, November 09, 2013, 14:23
The European Central Bank can trim interest rates further and provide the banking system with liquidity, ECB Executive Board member Benoit Coeure said on Saturday after last week`s rate cut to a record low.
Last Updated: Friday, November 08, 2013, 09:16
The euro was under the cosh after slipping to seven-week lows of USD1.3295 on Thursday after the ECB cut borrowing costs to a record low of 0.25 percent in response to a sharp drop in inflation.
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