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Here are the key challenges facing Sweden’s next finance minister
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Here are the key challenges facing Sweden’s next finance minister

Trump, climate, AI and competitiveness. Regardless of who becomes finance minister in the coming years, there are many challenges awaiting the Swedish economy
ECB signal and US inflation could push up Swedish mortgage rates
Business News

ECB signal and US inflation could push up Swedish mortgage rates

Clear signals of future interest rate hikes from the European Central Bank (ECB) or an unexpectedly high US inflation figure could eventually push up mortgage rates in Sweden. A first step could be for the Swedish Central Bank, in two weeks, to signal an interest rate hike later this year
Swedbank: Rate hike in September would be a real surprise as inflation rises
Business News

Swedbank: Rate hike in September would be a real surprise as inflation rises

Inflation is clearly on the rise. But not yet enough for the Swedish Central Bank to raise interest rates in a few weeks, analysts believe
Stockholm stock market reverses course to end higher after strong US jobs data
Business News

Stockholm stock market reverses course to end higher after strong US jobs data

Unexpectedly strong jobs figures from the US briefly pushed the Stockholm stock market lower. But in the final stretch, sentiment lifted it to a slight gain
Norway backs proposal for Nordic super stock exchange
Business News

Norway backs proposal for Nordic super stock exchange

The proposal for a joint Nordic stock exchange gets the thumbs up from Norway. Øivind Amundsen, CEO of the Oslo Stock Exchange, sees advantages in closer cooperation
AI could cut banking jobs, SEB warns
Business News

AI could cut banking jobs, SEB warns

AI developments could hit the labor market hard in the banking sector.
Nordea economist says households are not ready for rate cuts as krona weakens
Business News

Nordea economist says households are not ready for rate cuts as krona weakens

In November, the Swedish Central Bank will raise the key interest rate. In addition, another increase will be carried out in February
Rising interest rates drag down Stockholm Stock Exchange as OMXS falls 1.1%
Business News

Rising interest rates drag down Stockholm Stock Exchange as OMXS falls 1.1%

The Stockholm Stock Exchange's broad OMXS index fell 1. 1 percent on Tuesday - in line with major stock exchanges around the world
Nordea customers unable to log in overnight after bank outage
Business News

Nordea customers unable to log in overnight after bank outage

Customers have had problems logging in to their accounts at major bank Nordea during the night leading up to Sunday.
Strong growth raises risk of Swedish central bank rate hike this year
Business News

Strong growth raises risk of Swedish central bank rate hike this year

Strong GDP figures, positive household sentiment and a buoyant economy increase the risk that the Swedish Central Bank will raise the key interest rate already this year, according to Nordea. State-owned SBAB, in turn, predicts a hike in the key interest rate in November this year
Stockholm Stock Exchange closes week at record high
Business News

Stockholm Stock Exchange closes week at record high

The Stockholm Stock Exchange closed the trading week at a historic high. The OMXS index rose 0
Interest rate forecasts split as banks disagree on next Riksbank hike
Business News

Interest rate forecasts split as banks disagree on next Riksbank hike

An interest rate hike is drawing closer, according to major banks Swedbank and SEB. However, interest rate forecasts are more divided than they have been in a long time
Swedish households hit record high in real disposable income ahead of election
Business NewsTop News

Swedish households hit record high in real disposable income ahead of election

Swedes can head to the polls with their spending pants on. Households have been better off in recent years
Syria Eyes Iraq Oil Pipeline to the Mediterranean as Gulf Tensions Rise
World News

Syria Eyes Iraq Oil Pipeline to the Mediterranean as Gulf Tensions Rise

The war between Iran and Israel and the crisis in the Strait of Hormuz have rocked global oil markets. Now Syria hopes to open an oil pipeline from Iraq to the Mediterranean and thereby establish itself as a force in the energy market
Syria and Iraq plan oil pipeline to the Mediterranean as Hormuz tensions rise
World News

Syria and Iraq plan oil pipeline to the Mediterranean as Hormuz tensions rise

The Iran war and the crisis around the Strait of Hormuz have shaken global oil markets. Now Syria hopes to open an oil pipeline from Iraq to the Mediterranean and thereby establish itself as a player in the energy market
These banks offered the lowest variable mortgage rates in July
Business News

These banks offered the lowest variable mortgage rates in July

Skandiabanken offered the lowest variable mortgage rate to its customers in July. Among the major banks, Nordea's average variable rate was the highest
Stockholm Stock Exchange closes slightly lower as AstraZeneca rebounds and Boliden rises
Business News

Stockholm Stock Exchange closes slightly lower as AstraZeneca rebounds and Boliden rises

The Stockholm Stock Exchange started the trading day clearly higher, but then turned sour. At the close, the broad OMXS index had fallen 0
Strong Stockholm stock market year seen after stable Q2 reports, but Middle East risks remain
Business NewsTop News

Strong Stockholm stock market year seen after stable Q2 reports, but Middle East risks remain

The big names on the Stockholm Stock Exchange have laid their cards on the table for the second quarter. The reports point to profit growth and a strong stock market year
Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value
Business News

Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value

Incorrect reports can cause billions of dollars in losses on the stock market - something that happened when the news agency Bloomberg got Nordea's figures wrong. If there is an incorrect flash, there can be quite large price effects, especially in a somewhat thin summer market, says Lars Söderfjäll, head of equities at the Bank of Åland, to TT
Nordea hit by brief Swish outage, affecting payments to and from the bank
Business News

Nordea hit by brief Swish outage, affecting payments to and from the bank

Mortgages are falling, but savings have become the banks’ new profit engine
Business NewsTop News

Mortgages are falling, but savings have become the banks’ new profit engine

The major banks are currently earning less on customers' mortgages. They are making that up with savings
Swedbank CEO: Mortgage margin at historic low amid fierce competition
Business News

Swedbank CEO: Mortgage margin at historic low amid fierce competition

Profits from customers' mortgages are under pressure, according to Swedbank CEO Jens Henriksson. The mortgage margin is probably the lowest in history, he says
Stockholm Stock Exchange rises as Atlas Copco jumps on strong semiconductor demand
Business News

Stockholm Stock Exchange rises as Atlas Copco jumps on strong semiconductor demand

The Stockholm Stock Exchange's broad OMXS index rose 0. 4 percent on Thursday, partly thanks to a strong report from index-heavy Atlas Copco
Nordea profit before loan losses rises to EUR 1.7 billion in second quarter
Business News

Nordea profit before loan losses rises to EUR 1.7 billion in second quarter

The Helsinki-based major bank Nordea - one of the big four in the Swedish banking market - reports a profit before loan losses of EUR 1. 7 billion for the second quarter
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