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Business

"Safe-haven" euro could complicate ECB plan to roll back stimulus

LONDON: The euro's rise above US$1.20 this week has prompted talk that it is becoming a safe haven for investors, posing a problem for the European Central Bank as it plans to roll back its huge economic stimulus in the coming months.

Business

Euro grips the edge of the diving board

WITH Greece in the ejection seat and the European Central Bank (ECB) facing a no-win decision on bond buying, the euro’s fall is far from over.

Community

Company brings Euro 5 diesel to the Klang Valley

AFTER its smashing November 2014 debut in Johor, the Infiniti Euro 5 diesel is finally available in Klang Valley.

Nation

BHPetrol introduces cleaner Euro 5 grade diesel fuel

KUALA LUMPUR: Imported Euro 5 grade diesel is now available at selected BHPetrol stations in the Klang Valley.

Business

Euro zone gives Greece until Sunday for debt deal

BRUSSELS: Euro zone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.

Business

Euro, stocks plunge in Asia early trade Monday as Greece sets capital controls(Update)

TOKYO: The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.

Business

Euro on shaky ground, stocks up on talk of aggressive ECB easing

LONDON/TORONTO: The euro slipped towards seven-month lows, bond yields fell and European shares rallied on Thursday on growing talk of aggressive stimulus from the European Central Bank next week.

Business

Euro dogged by ECB talk, EM sell-off grinds on

LONDON: Growing pressure for more policy easing in the euro zone pinned the euro near a 10-week low on Monday while persistent tension in emerging markets drove Hungary's forint to a 10-month trough and weighed on global stocks.

Business

Euro sinks to 11-1/2-year low, bonds gain after ECB

NEW YORK: The euro fell to an 11-1/2-year low against the dollar on Thursday as U.S. and euro zone bond prices rose, after the European Central Bank spelled out its 1 trillion-euro stimulus plan that begins next Monday.

Business

IMF sees euro as undervalued, ECB policy support necessary

BRUSSELS: The International Monetary Fund believes the European Central Bank must maintain supportive monetary policy, an EU document seen by Reuters showed, anticipating the content of a report the IMF will present to euro zone finance ministers next week.