SUBSCRIBERS
Euro drops as German production plunges
Published Tue, Oct 7, 2014 · 09:50 PM
London
THE euro weakened as German industrial production fell the most since 2009, underscoring the risk of a slowdown in the region's largest economy that may put pressure on the European Central Bank to expand stimulus.
The shared currency dropped the most in almost three weeks versus the pound on signs that the UK economy is faring better than that of the 18-nation currency bloc.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Middle East tensions threaten global progress on inflation: World Bank
Heatstroke kills 30 in Thailand this year as South-east Asia bakes
Thailand to appoint former energy executive Pichai as finance minister, sources say
Consumer gulf widens as demand for premium and budget foods grows
‘To the Future’: Saudi Arabia spends big to become an AI superpower
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons