Breaking News about Euro:

Deutsche Bank's Latest Capital Raising Won't End Its Problems

Source: Business Balla | May 19 2014, 2:34pm CDT | by Forbes

Deutsche Bank has finally admitted – to no-one’s surprise – that it needs more capital. It has announced plans to raise...
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Slow Growth and Rapid Deflation in October ss Eurozone Slump Extends

Nov 5 2014 3:33am CST | Source: IBTimes UK

Eurozone business growth picked up by the slimmest of margins despite deep price ...
Full article at: IBTimes UK


Strong dollar squeezes oil, China PMI limits stock gains

Nov 3 2014 3:37am CST | Source: Business Standard

The dollar powered to a seven-year peak against the yen and a two-year high against the euro on Monday, extending gains after the Bank of Japan's latest stimulus and punishing oil and gold price ...
Full article at: Business Standard


Latest stories

Germany unveils special jet to transport Ebola patients
Berlin, Nov 28 (IANS) The German government unveiled Thursday at Berlin's Tegel Airport a special medical evacuation plane, which is designed to transport patients infected with Ebola. | by IANS
OPEC decides against oil production cut despite price slump
Viena, Nov 28 (IANS) The ministers of the Organization of Petroleum Exporting Countries(OPEC) decided here Thursday to maintain its output level despite crude oil price fell to a four-year low level. | by IANS
18th Saarc Summit concludes with one pact, several understandings
Kathmandu, Nov 27 (IANS) The 18th South Asian Association for Regional Cooperation (Saarc) Summit concluded in Kathmandu Thursday with the adoption of a 36-point Kathmandu Declaration. | by IANS

Legal costs lead to quarterly net loss at Deutsche Bank

Oct 29 2014 9:06am CDT | Source: Euronews

Deutsche Bank has reported a net loss in the third quarter. The 92 million euro loss by Germany's top lender was because it has had to pu ...
Full article at: Euronews


Sweden Just Slashed Interest Rates To Zero In Fight To Get Out Of Deflation

Oct 28 2014 4:09am CDT | Source: Business Insider

Sweden's central bank, the Riksbank, just slashed its main interest rate to zero. That's zero as in nothing, nada, 0%. It's a rare move for a central bank. Normally, central banks that want to boost their economies and fuel a bit of inflation like to keep their interest rate nominally above zero — at 0.25% or 0.5% — in order to maintain the fig leaf that they're not targeting a "no-interest" interest rate. Being just above zero still gives you one las ...
Full article at: Business Insider


Rupee rises 8 paise against dollar in early trade

Oct 26 2014 11:34pm CDT | Source: Business Today

Strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the rupee, traders s ...
Full article at: Business Today


25 Banks Fail Europe's Biggest Stress Test

Oct 26 2014 6:20am CDT | Source: Business Insider

The European Central Bank said on Sunday that 25 eurozone banks showed a capital shortfall, after a year-long review of finances for 130 of of the largest banks in the euro area. SEE ALSO: Credibility Meets Compromise In Europe's Bank Stress Test Join t ...
Full article at: Business Insider


ECB Says 25 Banks Fail Stress Tests

Oct 26 2014 6:10am CDT | Source: Asia Home

Twenty-five eurozone banks flunked financial-health exams designed to measure their ability to withstand another economic crisis, falling short of minimum levels of capital by a total of €25 billion ($31.68 billion), th ...
Full article at: Asia Home


Off the Charts: Eurozone Falters Amid Deflation as a Mildly Inflationary U.S. Grows

Oct 24 2014 7:54am CDT | Source: NewYorkTimes-Business Day

America’s Consumer Price Index rose 1.7 percent in the last 12 months as some European economies appeared to have fallen into new ...
Full article at: NewYorkTimes-Business Day


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