Categorized as: Syndicated News

House prices here are not overvalued, insists the Central Bank

House prices are not overvalued here even if they are rising strongly, the Central Bank has said. Prices have risen by about 50pc since they bottomed out in 2013, but are still 31pc below their peak.

EU weighs laws to force euro clearing trade out of City

The European Union plans to give itself powers to move euro clearing business away from London’s financial sector to the EU after Brexit and to adopt a model closer to that operated by the United States.

Analysis: Tearing up plumbing to spite the financial plumber is daft

Until recently Euro clearing was an obscure corner of the financial markets that mattered mostly to the people who worked in it and their clients.

Holidaymakers ‘taking risks over travel cover’

Holidaymakers are taking huge risks by not buying adequate travel insurance, a financial expert has warned.

Irish Business Monitor June 2017

Your Business Live, Ireland’s major SME event brings you the Irish Business Monitor – an indicator for businesses in Ireland, in partnership with SFA, IBEC and Enterprise Ireland.

Oil price spikes higher on trader bets despite supply glut

Oil rose on Monday to break a three-day losing streak, after futures traders increased their bets on a renewed price upswing even though rising US drilling helped keep physical markets bloated.

End of roaming fees – but mind Facebook and WhatsApp use

Mobile phone charges for roaming calls and texts in the EU are to finally end this week. However, consumers are being warned that they could still face steep EU roaming bills for using services such as Facebook, WhatsApp and Instagram. The new EU-wide law comes into force on Thursday, June 15. Under the rules, all calls and texts included in Irish phone plans will be treated the same if they …

Varadkar: Theresa May’s failure to win a majority might result in a softer Brexit

Taoiseach-designate Leo Varadkar said on Monday that Theresa May’s failure to win a majority in last week’s election might result in a softer Brexit.

Construction activity growth rises sharply – the fastest seen since February 2016

Activity in Ireland’s construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index.

Yields on €500m auction of short-term government debt expected to remain in negative territory

Yields on this week’s €500m auction of short-term government debt are expected to remain in negative territory as investors continue to pay the state for the privilege of holding their money.