euro

Japanese yen hits 16-year low against euro

March 20, 2024 | 15:13

The Japanese yen fell to a 16-year low against the euro on Wednesday as the Bank of Japan indicated that monetary policy would remain loose even after shifting out of its negative interest rate environment.

Euro groups keen on smooth policy

August 23, 2023 | 16:00

Businesses from the European Union are pinning high hopes on regulatory advances, such as with visa exemptions, so that they can unlock wide-ranging benefits through investment in Vietnam.

Eurozone stocks, euro tumble as Russia fuels energy crisis

September 06, 2022 | 10:40

Eurozone stocks tumbled Monday and the euro hit a new 20-year dollar low on energy crisis fears, after Russia said it would not restart gas flows to Germany and effectively most of the continent.

European markets, euro tumble as Russia fans energy crisis

September 05, 2022 | 15:22

European markets tumbled Monday and the euro hit a fresh 20-year low on growing fears about an energy crisis after Russia said it would not restart gas flows to the continent, while traders are also preparing for another interest rate hike this week.

Germany under pressure against Portugal, France and Spain in Euro 2020 action

June 19, 2021 | 11:32

Germany are under fierce pressure going into a crucial Euro 2020 game against Portugal on Saturday as world champions France look to clinch a place in the last 16 and Spain chase a first win.

UEFA opts to keep 12-city format for delayed Euro 2020

June 18, 2020 | 09:20

PARIS: UEFA announced on Wednesday (Jun 17) that it was planning to keep the same pan-continental format for the postponed Euro 2020 after president Aleksander Ceferin recently hinted that the number of host cities could be reduced.

Volkswagen invests US$2.2b in Chinese electric vehicle sector

May 29, 2020 | 17:26

BEIJING: Volkswagen said on Friday (May 29) it will invest around 2 billion euros (US$2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".

Euro touches two-year low as ECB signals stimulus and rate cut

July 26, 2019 | 09:10

The euro slid to a two-year low on Thursday (Jul 25) after the ECB signalled it could undertake new stimulus measures and cut rates to boost flagging growth and inflation in Europe.

Euro slides as 'downbeat' ECB warns on economy

December 14, 2018 | 10:43

The euro slipped on Thursday (Dec 13) after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region.

Dollar dented by Trump's Fed comments

August 22, 2018 | 10:11

The dollar fell versus the euro and pound on Tuesday (Aug 21) after US President Donald Trump hit out at the Federal Reserve's interest rate rises, accusing it of not backing his economic plan, while most equity markets climbed looking ahead to China-US trade talks.