Tag: Euro

Euro under pressure in Asian trade

The euro was under pressure in Asian trade Monday after hitting a fresh two-year low against the dollar, with traders looking to a European...

Asmussen sees EU bank supervisor in place in ‘13

ECB Executive Board member Joerg Asmussen also told La Stampa daily that Italy had made great progress in terms of improving its public finances,...

Stocks, euro slide

Stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 percent on Friday after disappointing U.S. jobs...

26b euro spending cut for Italy

The Italian government agreed overnight Thursday on a series of measures to slash public spending by 26 billion euros ($32 billion) over three years,...

Shares ease from rally, euro stressed before ECB decision

A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day,...

Euro steady ahead of European policy meeting

The euro held steady against the dollar in Asian trade on Thursday amid speculation that the European Central Bank (ECB) will cut interest rates...

Euro weak in Asia

The euro was weak in Asian trade on Tuesday, after the common currency rallied sharply late last week with traders now focusing on a...

‘End of a Dream’ as Italian media rue Euro defeat

Italian newspapers on Monday mourned the "end of a dream" for Italy after a crushing 4-0 defeat in the Euro 2012 football final but...

Consumer to bear cost of Euro II

As Pakistan moves toward Euro II regime, consumer will have to bear the additional cost for compliance with the Euro II emissions for Fuel,...

Gracias!

They also pledged to create a single banking supervisor for euro zone banks based around the European Central Bank in a landmark first step...

Spain crush Italy to win historic Euro 2012 crown

Spain confirmed their status as one of the greatest national teams in football history by overwhelming Italy 4-0 in Sunday’s Euro 2012 final in...

World stocks, euro jump after surprise EU summit deal

World stock markets surged on Friday, propelled by bank shares, and the euro jumped against the dollar after an EU summit delivered surprise emergency...

Asian markets, euro jump on eurozone deals

Asian markets and the euro surged Friday after EU leaders agreed on a $150-billion growth pact to shore up the eurozone, and opened the door...

Global markets go nuts amid EU summit apprehension

The euro traded in a narrow range in Asia on Thursday as investors looked to a European Union summit starting later in the day,...

Shares up, but euro pressured on EU summit cynicism

Asian shares rose on Wednesday but the euro was capped as investors concluded a European summit this week will fail to take concrete action...

Record-setting Italy look to extend German finals pain

Italy coach Cesare Prandelli will be looking for his side to extend their proud record of never losing to Germany in a major finals...

Bears give a tutorial on euro debt crisis

The day saw the benchmark 100-share index decreasing by 88.62 points to 13,642.20 points as compared to the 13,730.82 after the previous session. Ahsan...