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The dollar lost ground against sterling and other major peers today as investor sentiment picked up following the UK’s dramatic U-turn over the tax-slashing mini budget that had roiled global markets. The British pound extended gains following a media report that the Bank of England is set to delay quantitative tightening until bond markets calm. […]

The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, today’s CSO figures show The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, today’s CSO figures show The latest Central Statistic Office trade figures show a […]

The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, today’s CSO figures show The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, today’s CSO figures show The latest Central Statistic Office trade figures show a […]

Minster for Finance Paschal Donohoe has said economic co-operation between Ireland, the European Union and the United States is at a new high point. Speaking in Washington DC after a joint meeting of the Eurogroup finance ministers and US Treasury Secretary Janet Yellen, Mr Donohoe, who chairs the Eurogroup, said: “What we have done over […]

Sterling inched cautiously higher following British Prime Minister Liz Truss’s partial reversal of her government’s economic plan. The pound gained 0.42% to stand at $1.1225, after Truss said on Friday that Britain’s corporation tax will rise to 25% from April next year instead of keeping it at 19% as part of her government’s initial “mini-budget”. […]

Ireland is to be the location for a new International Sustainable Finance Centre. The centre will act as an international hub from which the finance community based in Ireland will help develop a response to sustainability. It will conduct research, help develop talent and conduct leadership activities. Its aim will be to help finance firms […]

New Central Statistics Office figures show that the annual rate of inflation rose by 8.2% in September, down from an annual increase of 8.7% in August. The latest figures from the Central Statistics Office show food prices increasing but a slight decrease in fuel prices last month. The annual rate of inflation overall moderated last […]

New Central Statistics Office figures show that the annual rate of inflation rose by 8.2% in September, down from an annual increase of 8.7% in August. The latest figures from the Central Statistics Office show food prices increasing but a slight decrease in fuel prices last month. The annual rate of inflation overall moderated last […]

Residential property prices increased by 12.2% in the year to the end of August according to the Central Statistics Office, down from 13.3% in the 12 months to July. Prices in Dublin rose by 9.7% over the year, while prices outside the capital were up by 14.2%. The median price of a home purchased over […]

Oil prices reversed earlier losses and inched up in Asian trade today, supported by a weaker US dollar and falling diesel inventories, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production. Brent crude futures rose 31 cents, or 0.3%, to $94.88 per barrel early this morning. US West Texas […]