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U.K. Predicts Worse Growth and More Borrowing as Brexit Looms

© Bloomberg. An anti-Brexit demonstrator waves a Union flag, also known as a Union Jack, with an...

Six euro zone states risk EU budget rule breach in 2018

© Reuters. Euro sign seen at former ECB headquarters in Frankfurt ...

London stocks rise before UK budget; Frankfurt dips on vote gloom

LONDON: The London stock market firmed Wednesday in cautious trade before Britain’s annual budget, but Frankfurt fell on continued political uncertainty in Germany.The British...

ECB hopes to go into policy hibernation, sources say

© Reuters. ECB headquarters in Frankfurt ...

Buoyant risk appetite pushes euro up for a second day

LONDON: The euro edged higher for a second consecutive day on Wednesday, recouping more than half of its losses sustained after the German coalition...

Whether new dawn or another false one, euro zone economy is...

Whether new dawn or another false one, euro zone economy is full of surprises ...

Most of Gulf firm though Emaar Development slides on listing

DUBAI: Most major Gulf stock markets edged up in early trade on Wednesday, including Dubai, although Emaar Development dropped as it began trading after...

Gold Prices Drift Higher; Fed Minutes, Batch of U.S. Data in...

© Reuters. Gold edges higher ahead of Fed...

Tokyo stocks close higher echoing global rally

TOKYO: Tokyo stocks closed higher on Wednesday, tracking rallies on Wall Street and in line with advances in other Asian markets, but rises were...

Tokyo stocks open higher

TOKYO: Tokyo stocks opened higher on Wednesday, tracking rallies on Wall Street, with trade expected to be cautious ahead of a national holiday. The benchmark...

Asian markets extend global rally, Hong Kong cracks 30,000 mark

HONG KONG: Hong Kong stocks broke the 30,000 mark for the first time in 10 years on Wednesday as Asian markets extended a global...

‘Very uncertain’ Yellen still predicts U.S. inflation rebound

© Reuters. FILE PHOTO: Federal Reserve Chairman Janet Yellen...

Forint eases, central bank seen pushing it even lower

BUDAPEST: The forint eased slightly on Tuesday, underperforming the Polish zloty, before a meeting of Hungary’s central bank (NBH) which may announce new measures...