The Latest Breaking News from ING

The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring. Inflation in the 19-nation eurozone climbed to an all-time high of nearly 10 percent in September, five times…

Frankfurt (AFP) - The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring.

Stocks shrug off the longest run of falling bond prices in nearly four decades, as well as a stark warning on ad spending from Snap, to end sharply higher on Friday.

Expect also a harder downturn if market credibility is to be restored, with a 2% contraction in GDP

Since 2017, Australia has seen a 30 per cent drop in available bank branches nationally, with more than 300 closing in the past financial year.

Beijing (AFP) - Chinese President Xi Jinping doubled down on his policies at the opening of the Communist Party Congress, pledging continuity on cornerstones of his decade in power as he seeks to secure a historic third term, analysts say.

Yield on 30-year UK government bonds plummets as chancellor reverses more of Kwarteng mini-budget

Odds now favor that the U.S. economy slipping into a recession within the next year, with economists expecting the labor market and demand will become casualties in the Federal Reserve’s inflation battle.

A major outage of online fast inter-bank transfer system Osko leaves payments in limbo, with the Reserve Bank admitting fault.

Governor Bailey insists that the emergency buying programme will end this week

Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world's biggest crude importer, re-ignited concerns about falling global fuel demand. Brent crude futures for December settlement fell by as much as 1.1%, and was last…