March reading of 13.0 vs expected 17.1 Ends fivemonth streak of increases Uncertainty over banks reflected in dip BERLIN, March 21 Reuters German investor sentiment tumbled in March as concerns about a new financial crisis ended a fivemonth streak of consecutive increases, the ZEW economic research institute said on Tuesday. The institute39;s index assessing the […]

UK posts budget deficit of 16.7 billion pounds in February Borrowing boosted by energy bill support programmes Deficit looks on track to meet OBR forecast for 202223 Figures underline tough choices facing finance minister Hunt LONDON, March 21 Reuters Britain39;s government borrowed more than expected in February, official data showed on Tuesday, but finance minister […]

Europe bank Additional Tier 1 AT1 bonds up Europe bank shares up 3.6, set for biggest gain since Oct Cost of insuring banks against debt default falls Invesco39;s AT1 Capital Bond ETF up more than 2.5 LONDONSINGAPORE, March 21 Reuters An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering […]

BERLIN, March 21 Reuters German exports to China declined significantly in February, dampening hopes of a trade revival following the end of strict coronavirus measures at the end of last year, the federal statistics office said on Tuesday. Exports to China, Germany39;s most important trade partner, decreased by 12.4 to 7.9 billion euros 8.46 billion compared […]