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Swish Payment Issue Resolved After Three-Hour Disruption
The problem that stopped Swish payments has been solved, the company announces on its website. It lasted for nearly three hours.
Major Banks Differ on Swedish Interest Rate Cuts for 2023
There is great uncertainty surrounding the interest rate development during the year. Handelsbanken and Swedbank are counting on two cuts.
Stockholm Stock Exchange Closes Slightly Up After Late Rally
The Stockholm stock exchange fell during most of Monday's transactions – but rose towards the end and at closing, the broad OMXS index landed at plus 0. 1 percent.
Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent
The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent.
Fake Online Purchases Worth Millions Blocked by Authorities and Banks
The police, the Consumer Agency and the four major banks have together stopped thousands of purchases on fake online stores by starting to share information with each other. The collaboration, which took place at the end of the year, led to the total amount stopped being tens of millions of kronor higher than before.
Trump Announces Plan to Lower US Drug Prices to Match Global Rates
USA's President Donald Trump will sign a presidential order to lower drug prices for Americans, the President announced at a press conference at the White House. I hit harder at the other countries than the pharmaceutical companies.
Gasoline Prices Hit Four-Year Low with Potential for Further Decline
The petrol price has fallen by almost nine kronor per liter since the price peaks in 2022 – to the lowest levels in four years. And the price can continue further down in the near term – but not much, believes the expert.
Stockholm Stock Exchange Rises Despite Evolution's 19% Stock Plunge
Walpurgis Eve's shortened trading day ended with a clear increase for the Stockholm Stock Exchange. The worse it was then for the live casino company Evolution.
Handelsbanken Surpasses Market Expectations with Strong Quarterly Profit
Handelsbanken beats market expectations with its latest quarterly report. The operating profit for the latest quarter was over 8.
Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts
The car manufacturer Volvo Cars is to save billions. The company is now announcing major staff cuts.
Few Clear Losers in Swedish Companies' Report Season So Far
Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases.
Experts Diverge on Future Swedish Interest Rate Changes
On the interest rate market, the actors assume two cuts in the Swedish Central Bank's benchmark rate this year. But among the major banks' forecasters, there is a significant spread when it comes to the benchmark rate right now.
Major Swedish Banks See Profit Decline in 2024 Report
The Swedish banks increased their profits in 2024, according to the Financial Supervisory Authority's (FI) new bank report. However, the three major banks, SEB, Handelsbanken, and Swedbank, reported lower profits as a result of increased administrative costs and lower net interest income, which is what the banks earn from lending and borrowing.
Tenant-Owners Advised on Navigating Interest Rate Uncertainty
The steel bath for many of the country's housing associations is over. But while the costs have stabilized, there is still a big question mark: What will happen with the interest rate going forward?.
ECB Lowers Rates Again, More Cuts Expected This Year
The European Central Bank (ECB) is lowering its interest rates for the seventh time since June last year. And more rate cuts are expected during the year, which could open up for interest rate cuts also in Sweden.
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.
Young people go against the trend – buying stocks in the crash
During the stock market crash in the days following Donald Trump's tariff decision, young people went against the stream and bought shares, according to the online broker Avanza. It's like catching a falling knife, says 17-year-old Elias El Shobaki.
These are the small savers' shares that have fallen the most
It's pointing sharply downwards for small savers' favourite shares after Donald Trump's inauguration in January. The biggest losers are SBB and Tesla, which have dropped 28 and 40 per cent respectively.
Oil Prices Surge After Trump's Tariff Announcement
The oil price fell on Wednesday to one of the lowest levels in four years. The price then rose sharply when the US President Donald Trump announced a pause on many trade tariffs – except for China.
Oil Prices Plummet to Four-Year Low as Global Demand Drops
With raised tariffs, a decreased demand for the black gold is expected. The oil price on the world market has fallen to its lowest level in four years.
Handelsbanken Forecasts Lower Mortgage Rates as Interest Cuts Loom
The customs chaos means that the Swedish Central Bank needs to lower the interest rate three times this year. Consequently, the floating mortgage interest rate will follow downwards.
Stockholm Stock Exchange Tumbles as Trade Tensions Escalate
The Stockholm stock exchange plummeted again on Wednesday following new tariff threats from China and the EU. The broad OMXS index fell 3.
Record Activity Causes Platform Disruptions During Stock Market Plunge
Some of those who wanted to review their assets during the morning's dark stock market hours were met with an error message. The reason was record-high activity.
Stockholm Stock Exchange Drops 4.2 Percent Amid Global Market Slump
China responds to the USA's new tariffs by imposing an additional 34 percent tariff on goods from the USA. In Stockholm and the rest of Europe, the stock exchanges fell heavily.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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