Business News
Irish savers still earn the lowest return on their deposits across the Euro zone Saver with €10,000 earns average of just €3 in Ireland – compared with €122 in the Netherlands It’s not getting any better for Irish savers. In fact, it could be getting worse. New figures show that Irish savers continue to earn […]
Read MoreEuropean shares tumble amid trade tensions European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a trade war which would damage the global economy. The pan-European STOXX 600 index had dropped 0.7pc by 0720 GMT, touching a fresh four-week low. US […]
Read MoreIrish and Spanish bond sales could underline move away from ‘periphery’ Irish and Spanish borrowing costs were close to record lows today ahead of planned bond sales that could well cement their move away from the “periphery”. This is a phrase used to describe the lower-rated and more volatile euro zone bond markets. Even though […]
Read MoreChina’s exports fall ahead of crucial trade talks China’s exports fell more than expected in April while imports rose, official data showed today ahead of high-stakes talks aimed at resolving a trade war with the US. The world’s two leading economies face a possible make-or-break moment when top negotiators meet in Washington this week following […]
Read MoreNTMA plans to launch new 2050 syndicated bond The National Treasury Management Agency said today it plans to issue a new 2050 bond via a syndicated sale in the near future Market sources say the auction – which is subject to market conditions – is expected to raise about €3 billion. The NTMA has already […]
Read MoreIrish economic growth set to moderate – Commission The European Commission said today that GDP growth in Ireland is forecast to moderate as support from the external environment weakens and risks, including Brexit, grow. But in its latest quarterly economic forecast, the Commission said that underlying economic activity is expected to remain “robust” on the […]
Read MoreEaster inflation bounce won’t end slowdown fears A rise in headline inflation in April should have given comfort to the European Central Bank, but the pick-up was due to a rise in package holiday and airline fare prices at Easter and is set to fall back as the year progresses. Data from the European Statistics […]
Read MoreEaster inflation bounce won’t end slowdown fears A rise in headline inflation in April should have given comfort to the European Central Bank, but the pick-up was due to a rise in package holiday and airline fare prices at Easter and is set to fall back as the year progresses. Data from the European Statistics […]
Read MoreEuro zone inflation accelerates in April on energy, services Euro zone inflation surged beyond expectations last month, mild relief for the European Central Bank, even if much of the jump was likely related to seasonal effects due to the timing of Easter. Inflation in the 19 countries sharing the euro accelerated to 1.7% in April […]
Read MoreEuro zone inflation accelerates in April on energy, services Euro zone inflation surged beyond expectations last month, mild relief for the European Central Bank, even if much of the jump was likely related to seasonal effects due to the timing of Easter. Inflation in the 19 countries sharing the euro accelerated to 1.7% in April […]
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