US dollar slips against euro but maintains weekly gains
The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may be starting to…
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Euro
From Sofia in Monaco to Millie in Malta—4 Trends Chic Celebs Always Pack for Euro Summers
As much as it pains me to admit it, I don't have any European travel plans this summer. As it stands, I'll be staying in SoCal, going back and forth between Los Angeles and San Diego with…
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and a global trade war. There’s…
ECB’s Schnabel says now is right time to boost role of euro
European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe. There is a “window of…
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per…
Bulgaria to enter the euro zone: What that means and why some people aren’t happy about it
Bulgaria is a step closer toward becoming the 21st country to adopt the euro and join the euro zone. On June 3, the European Commission announced that the Balkan nation now fulfills the…
Euro trades at one-month high after Trump delays EU tariffs
[TOKYO/LONDON] The euro hit a one-month high against the greenback on Monday (May 26), after US President Donald Trump backed down from threatened 50 per cent duties on European Union…
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a 1.8-billion euro (S$2.6 billion) bet on the future of…
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of major trading partners. Not since the 1970s has…
TikTok plans to build 1b euro data centre in Finland
TikTok plans to invest 1 billion euros (S$1.48 billion) to build its first data centre in Finland as it moves data storage for European users to the continent, a TikTok spokesman confirmed…
Ferrari unveils 400,000 euro hybrid supercars for collectors
[Maranello, Italy] Ferrari unveiled new special editions of its best-selling sports car, the 296, in a bid to extend the life of the model and cash in on an incremental boost in…
Google parent Alphabet kicks off sale of debut euro bonds
Google parent Alphabet is looking to raise at least 2.5 billion euros (S$3.72 billion) from a debut euro bond sale on Tuesday (Apr 29), just after selling US$5 billion of debt in…
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the first quarter ended Mar 31, from 3.505 euro cents…
U.S. Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’screated…
Euro falls to more than 2-week low after Trump, Zelensky meeting
THE euro dropped on Friday (Feb 28), after a meeting between Ukrainian President Volodymyr Zelensky and US President Donald Trump went up in flames, dashing hopes any peace deal could be…
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged from the year-ago period. The DPU will be paid out…
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros (S$1.7 billion), two sources with direct…
Euro set for deeper decline as market sees more ECB cuts
Traders are ramping up bets for a deeper divergence between European and US interest rates, setting the euro on a clear path for further weakness. The currency fell to its lowest in nearly…
Firm dollar keeps pound, euro and yen under pressure
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat of…
23 years into euro era, Germans still handing in old Deutschmarks
Almost a quarter of a century after the introduction of the euro, Germans are still exchanging massive sums of their former currency, official figures showed on Saturday. According to data…
Italy’s UniCredit offers to buy Banco BPM for 10.1 billion euro
ITALIAN lender UniCredit said on Monday (Nov 25) it had offered to buy rival Banco BPM in a roughly 10.1 billion euro (S$14.2 billion) all-stock deal that would combine Italy’s second and…
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each region, while bitcoin again hit a record high as it…
US dollar roars with Bitcoin as Trump trades shine; euro and yuan slump
THE US dollar rose to a four-month peak versus major peers on Tuesday (Nov 12), while Bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from…
Euratex-AMITH ties to boost Euro- Moroccan textile collaboration
Signed during the 21st edition of Maroc in Mode (MIM 2024) in Casablanca, this agreement focuses on key shared objectives, including industry practices with European sustainability and…