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Number of EU banks down in 2013: ECB

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.

Asian shares off to slow start, investors look to earnings

Last Updated: Monday, July 07, 2014, 11:28

Asian stock markets got off to a slow start on Monday after a U.S. market holiday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings.

World stocks hold at all-time high after bumper week

Last Updated: Saturday, July 05, 2014, 01:57

World stocks were enjoying the view at an all-time high on Friday, lifted by a week of strong U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.

World stocks hold at all-time high after bumper week

Last Updated: Friday, July 04, 2014, 14:52

World stocks were enjoying the view at an all-time high on Friday, lifted by a strong week of U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.

Gold price hovers below 3-month high

Last Updated: Thursday, July 03, 2014, 12:26

Gold fell 0.3 percent to USD 1,322.60 an ounce Thursday after hitting a 3-month high of USD 1,332.10 hit earlier this week.

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.

ECB monitors impact of anti-deflationary measures

Last Updated: Sunday, June 29, 2014, 20:24

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

ECB sees no acute deflation risk: Board member

Last Updated: Sunday, June 29, 2014, 18:54

The European Central Bank sees no acute danger of deflation but expects inflation to stay low for some time, executive board member Yves Mersch said in an interview on Sunday.

Deutsche Bank raises 8.5 bn euros in capital increase

Last Updated: Wednesday, June 25, 2014, 18:09

Deutsche Bank placed 60 million shares at a price of 29.20 euros apiece with Paramount Holdings Services, the investment of the Qatari royal family.

Eurozone current account surplus grows: ECB

Last Updated: Friday, June 20, 2014, 15:27

The eurozone`s current account surplus grew to 21.5 billion euros ($29.3 billion) in April, European Central Bank data showed Friday.

Euro under pressure in Asia, stocks sit on gains

Last Updated: Wednesday, June 11, 2014, 07:52

The euro came under mounting pressure on Wednesday as the European Central Bank`s liquidity package encouraged flows out of the zone, while Asian shares consolidated near recent highs following a flat finish on Wall Street.