Creaking eurozone, China sound warnings for global growth
Surveys sounded warning bells for the global economy on Thursday as eurozone businesses grew less quickly than any forecaster expected and China`s factories lost momentum.
Nov 20, 2014, 17:50 PM IST
Dow, S&P 500 hit records in volatile trading
U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.
Nov 07, 2014, 04:05 AM IST
Central bankers to challenge Draghi on ECB leadership style
National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi on Wednesday over what they see as his secretive management style and erratic communication and will urge him to act more collegially, ECB sources said.
Nov 04, 2014, 21:51 PM IST
ECB takes up role of eurozone banking watchdog
The European Central Bank assumed its role Tuesday as Europe`s banking watchdog under a new system aimed at shoring up the financial system to ward off another euro-threatening crisis.
Nov 04, 2014, 18:58 PM IST
ECB dons new hat as eurozone banking supervisor
The European Central Bank takes over as Europe`s banking watchdog on Tuesday in a historic shake-up of the financial system aimed at preventing a repeat of the crisis that nearly led to the collapse of the euro.
Oct 31, 2014, 07:47 AM IST
ECB sees no signs of deflation, recession in eurozone
The European Central Bank sees no signs of deflation or recession in the single currency area, but will remain vigilant, its chief economist said in a newspaper interview on Tuesday.
Oct 28, 2014, 15:02 PM IST
Europe's bank test celebrations mask mounting challenges
Investors were spared immediate pain on Sunday after the European Central Bank`s landmark banking health check did not force massive capital hikes amongst the euro zone`s top lenders.
Oct 27, 2014, 12:44 PM IST
Four in five eurozone banks pass ECB health test
A large majority of eurozone banks were given a clean bill of health Sunday by the European Central Bank, fuelling hopes that a major cause of economic uncertainty could soon be eliminated, analysts said.
Oct 27, 2014, 02:33 AM IST
25 eurozone banks fail ECB financial health test
Roughly one in five of the euro zone`s top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday.
Oct 27, 2014, 00:26 AM IST
25 eurozone banks fail ECB health check: Report
Some 25 eurozone banks have failed a health check by the European Central Bank, reports claimed Saturday, citing leaked documents.
Oct 25, 2014, 19:12 PM IST
Euro zone risks "relapse into recession" without structural reforms, says ECB's Draghi
The ECB`s president warned divided euro zone leaders on Friday they risked "a relapse into recession" if they failed to press ahead with structural economic reforms, a message welcomed by German Chancellor Angela Merkel.
Oct 25, 2014, 00:51 AM IST
Deutsche Bank passes ECB test, braces for Libor deal: Sources
Deutsche Bank passed the stress test led by the European Central Bank by a wide margin, showing balance sheet strength well above the minimum requirements set by Europe`s new banking regulator, two sources familiar with the matter said on Friday.
Oct 24, 2014, 21:18 PM IST
Asian shares slip on profit-taking
Asian markets slipped on profit-taking Thursday following the previous day`s hefty gains while there was little positive reaction after a closely watched indicator showed a slight pick-up in Chinese manufacturing activity.
Oct 23, 2014, 14:26 PM IST
ECB, EU promise lifelines for Greece as crisis haunts eurozone
The ECB and European Union rushed to reassure financial markets on Thursday that help is at hand for Greece as it heads for a high-risk exit from its debt-rescue programme.
Oct 16, 2014, 18:50 PM IST
ECB trims haircut on Greek banks' collateral: Source
The European Central Bank has reduced the haircut it applies on bonds submitted by Greek banks as collateral to borrow funds, a Greek central bank official told Reuters on Thursday, in a move to boost their access to liquidity.
Oct 16, 2014, 16:25 PM IST
IMF slashes eurozone growth forecasts, warns of deflation
The IMF slashed its eurozone growth forecast on Tuesday and warned that the single currency bloc faces a long period of sluggish activity and dangerously low inflation which the European Central Bank must tackle.
Oct 07, 2014, 23:31 PM IST
ECB loads anti-deflation gun as demos mar Naples meet
The European Central Bank uncovered its latest anti-deflation artillery on Thursday in a bid to reignite the eurozone economy as anti-austerity demonstrators clashed with police outside the meeting`s Italian venue.
Oct 02, 2014, 23:36 PM IST
ECB holds key rates steady amid anti-austerity demos
The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday, amid fierce street clashes between anti-austerity demonstrators and police outside the Italian venue.
Oct 02, 2014, 17:57 PM IST
European equities fall on eve of ECB meeting
European stocks fell on Wednesday following disappointing data released on the eve of a key eurozone interest rate call, with investors also nervous over pro-democracy protests in Hong Kong.
Oct 01, 2014, 22:42 PM IST
Eurozone inflation hits 5-year low in challenge to ECB
Eurozone inflation dropped to the lowest level since the worst of the global financial crisis, EU figures showed on Tuesday, heaping pressure on the European Central Bank to go even further to avert the threat of deflation.
Sep 30, 2014, 19:03 PM IST
