News
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Bank of England proposes hike to deposit guarantee for savers
Guarantee would rise to 110,000 pounds from 85,000 poundsProposals follow Silicon Valley Bank collapse in 2023That would be higher than in the EU, lower than the USBy Tommy Reggiori Wilkes LONDON, March 31 (Reuters) - The Bank of England has proposed raising the protection limit for savers in...Reuters
Mon, Mar 31
German inflation falls, bolstering case for more ECB rate cuts
German inflation falls to 2.3%, below expectationsECB doves may seek April rate cut amid inflation dropWeak economy hinders service sector pricesBy Maria Martinez BERLIN, March 31 (Reuters) - German inflation fell more than expected in March, data showed on Monday, bolstering the case for policym...Reuters
Mon, Mar 31
Australia home prices hit new record in March after rate cut, CoreLogic data shows
SYDNEY, April 1 (Reuters) - Australia's property prices hit a record high in March after the first rate cut in over four years bolstered buyer sentiment, although it remains unclear if the upward momentum will last due to affordability issues.Figures from property consultant CoreLogic, which wil...Reuters
Mon, Mar 31
Romania aims to sell domestic debt worth 7.7 bln lei in April-finmin data
BUCHAREST, March 31 (Reuters) - Romania's finance ministry aims to sell domestic treasury bonds and bills worth around 7.7 billion lei ($1.67 billion) in April, including 795 million lei at non-competitive tenders, it said on Monday.The ministry has scheduled nine bond tenders with residual matu...Reuters
Mon, Mar 31
German bonds rally as tariff fears drive investors to safe havens
By Harry Robertson LONDON, March 31 (Reuters) - German bonds rallied on Monday, sending benchmark yields to their lowest in almost a month, as investors flocked to the safety of government debt ahead of U.S. President Donald Trump's April 2 tariff deadline.Trump has said he will announce reci...Reuters
Mon, Mar 31
German retail sales rise but import prices cloud outlook
Retail sales exceed expectations with 0.8% rise in FebruaryImport prices surge, indicating potential inflation increaseEconomists cautious on consumer spending, amid high savings rateBy Maria Martinez BERLIN, March 31 (Reuters) - German retail sales in February exceeded expectations but a rise in...Reuters
Mon, Mar 31
UK regulator proposes raising protection limit for savers
LONDON, March 31 (Reuters) - Britain's Prudential Regulation Authority has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), the Bank of England said on Monday.The deposit protection limit is the maximum amount of money that is typically protecte...Reuters
Mon, Mar 31
L'Oreal aiming for 5% growth in China this year
SHANGHAI, March 31 (Reuters) - French cosmetics giant L'Oreal OREP.PA is aiming for around 5% growth in China this year, its North Asia chief executive Vincent Boinay said on Monday, pointing to encouraging signs in the market at the start of the year. Speaking at a conference in Shanghai...Reuters
Mon, Mar 31
ECB's Panetta: U.S. trade policy calls for ECB caution in cutting rates
ROME, March 31 (Reuters) - High uncertainty, mainly due to U.S. trade policy announcements, means the European Central Bank needs to be cautious in reducing its interest rates, governing council member Fabio Panetta said on Monday.The ECB has cut interest rates six times since last June but provided...Reuters
Mon, Mar 31
