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Eurozone banks ease loan conditions for businesses: ECB

Eurozone banks ease loan conditions for businesses: ECB

Last Updated: Wednesday, July 30, 2014, 16:19

Banks in the eurozone eased credit standards for loans to businesses in the second quarter for the first time since 2007, the European Central Bank said Wednesday.

European Central Bank website hacked; ransom demanded for data

Last Updated: Thursday, July 24, 2014, 16:15

The European Central Bank (ECB) said on Thursday there had been a breach of security protecting a database serving its public website. This led to the theft of email addresses and other contact data left by people registering for events at ECB.

IMF chief says low inflation can hit European growth

Last Updated: Friday, July 18, 2014, 16:41

IMF chief Christine Lagarde warned on Friday that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.

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.