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Major Banks Differ on Swedish Interest Rate Cuts for 2023
Business News

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
Business News

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
Business News

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
Sweden News

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
Business News

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
Business NewsTop News

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
Business News

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
Business News

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
Business NewsTop News

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
Business News

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
Business News

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
Business News

Major Swedish Banks See Profit Decline in 2024 Report

Tenant-Owners Advised on Navigating Interest Rate Uncertainty
Business News

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
Business NewsTop News

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
Business News

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
Business NewsTop News

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
Business News

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
Business News

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
Business News

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
Business NewsTop News

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
Business NewsTop News

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
Business News

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
Business NewsTop News

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
Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market
Business News

Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market

A blow to the USA's car market where consumers will have to pay an extra cost of tens of thousands of kronor. This will be the consequence of President Donald Trump's latest tariff gamble, assesses automotive analyst Hampus Engellau
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