Sweden's central bank, the Riksbank, has announced that it is cutting the country's key interest rate by an aggressive 0.5 percentage points, citing Sweden's falling inflation and sluggish labour ...
Sweden’s Riksbank cut borrowing costs by a half point for the first time in a decade, accelerating aid for a stagnant economy with the promise of more to come.
The Riksbank lowered its key interest rate, becoming the first central bank to do so since the election of Donald Trump as U.S. president created fresh uncertainties about the global economic outlook.
Indian tax authorities raided the local offices of Swedish software group Truecaller on Thursday, the company said in a statement, sending the firm's Stockholm-listed shares down 11%. "This came ...