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Nordea Seeks to End Banking Relationship with Russian-Owned Kubal
Business News

Nordea Seeks to End Banking Relationship with Russian-Owned Kubal

Stockholm Stock Exchange Continues Downward Trend
Business News

Stockholm Stock Exchange Continues Downward Trend

The Stockholm stock exchange continued to decline on Thursday and the broad OMXS index closed at a minus of 0. 3 percent
Swedish Central Bank Holds Interest Rate Steady, Hints at Possible Cut
Business NewsTop News

Swedish Central Bank Holds Interest Rate Steady, Hints at Possible Cut

The Swedish Central Bank leaves the interest rate unchanged but keeps the door open for a reduction this year. Economists are however uncertain that it will become reality
Few Ministers Report Conflicts of Interest Despite Shareholdings
Sweden News

Few Ministers Report Conflicts of Interest Despite Shareholdings

Only one of nine ministers who have owned shares during the current term of office has reported conflict of interest – despite having made decisions that may be stock-price affecting, according to an examination by SVT News.
High Hopes Unmet in Trump-Putin Meeting, Experts Predict Neutral Market Reaction
Business NewsTop News

High Hopes Unmet in Trump-Putin Meeting, Experts Predict Neutral Market Reaction

Neutral market reactions are to be expected after the meeting between Trump and Putin, according to experts. There were high expectations ahead of this meeting that were not fulfilled
Stockholm Stock Exchange Closes Up 0.5 Percent
Business News

Stockholm Stock Exchange Closes Up 0.5 Percent

The Stockholm stock exchange began the day sideways but turned upwards after a couple of hours of trading. At closing, the broad OMXS index landed at plus 0
H&M Boosts Stockholm Stock Exchange as OMXS Index Rises 0.2%
Business News

H&M Boosts Stockholm Stock Exchange as OMXS Index Rises 0.2%

The Stockholm stock exchange's broad OMXS index fluctuated around zero on Friday and closed at a plus of 0. 2 percent, partly thanks to a strong increase in the index-heavy H&M share
Average Mortgage Rates in Sweden Drop to 2.83 Percent in July
Business News

Average Mortgage Rates in Sweden Drop to 2.83 Percent in July

Stockholm Stock Exchange Closes Up 0.5% Amid EQT and Boozt Gains
Business News

Stockholm Stock Exchange Closes Up 0.5% Amid EQT and Boozt Gains

The Stockholm stock exchange continues the week in major key and got a bit of extra speed during the afternoon – but at closing the increase had decreased. The broad index OMXS still ended the trading day with a plus of 0
Stockholm Stock Exchange Rises as Week Begins with Gains
Business News

Stockholm Stock Exchange Rises as Week Begins with Gains

After three trading days in decline, the Stockholm stock exchange started the week with increases. At the close, the broad OMXS index was up 0,7 percent
Retail Trade Sales Rebound 2.5% in June After May Decline
Business News

Retail Trade Sales Rebound 2.5% in June After May Decline

Retail trade sales volume increased by 2. 5 percent in June compared to the previous month in calendar-adjusted and seasonally adjusted figures, according to the Statistical Central Bureau (SCB)
Stockholm Stock Exchange Closes Down 0.2 Percent Amid Market Fluctuations
Business News

Stockholm Stock Exchange Closes Down 0.2 Percent Amid Market Fluctuations

After an increase at lunchtime, the Stockholm stock exchange's broad OMXS index retreated on Wednesday afternoon and closed at minus 0. 2 percent
Weak GDP Growth May Lead to Swedish Interest Rate Cut
Business News

Weak GDP Growth May Lead to Swedish Interest Rate Cut

Swedish economy is running on low gear. GDP increased less than expected during the year's second quarter
EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists
Business News

EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists

The customs agreement between the EU and the USA will calm the market but the uncertainty will remain, believes SEB's senior economist Robert Bergqvist. I think there has been a tremendous pressure from the EU's 27 countries to pull away this wet blanket
Lower Tariffs Drive Stockholm Stock Exchange Gains
Business News

Lower Tariffs Drive Stockholm Stock Exchange Gains

The Stockholm stock exchange continues the upward trend. At the close on Thursday, the broad OMXS index had risen 0,4 percent – in line with global stock market gains
Uncertainty Dominates Stock Market After Key Reporting Week
Business News

Uncertainty Dominates Stock Market After Key Reporting Week

Summer's really heavy reporting week is completed. The professionals see a consistent theme: uncertainty
Avoiding Pitfalls in Future Power of Attorney Arrangements
Business News

Avoiding Pitfalls in Future Power of Attorney Arrangements

Power of Attorney for the Future - the salvation or a false sense of security? It is important to watch out for pitfalls, otherwise the one who receives the power of attorney may end up in a frustrating wrestling match.
Nordea Maintains 2025 Forecast Amid Economic Concerns
Business News

Nordea Maintains 2025 Forecast Amid Economic Concerns

Despite economic concerns, major bank Nordea is sticking to its forecast for 2025. The bank's profit during the second quarter decreased slightly compared to 2024
Stockholm Stock Exchange Falls 0.8% Amid Volatile Trading
Business News

Stockholm Stock Exchange Falls 0.8% Amid Volatile Trading

The Stockholm stock exchange fluctuated up and down during Wednesday but in the end the broad OMXS-index closed at a minus of 0. 8 percent
Package Tours and Car Rentals Drive June Inflation Increase
Business NewsTop News

Package Tours and Car Rentals Drive June Inflation Increase

Package tours and car rental prices pushed up inflation in June, according to the Statistical Central Bureau (SCB). Among food prices – which were virtually unchanged in June compared to May – the prices of fresh berries and leeks stood out the most
Stockholm Stock Exchange Steady as Saab Shares Decline
Business News

Stockholm Stock Exchange Steady as Saab Shares Decline

After a cautiously positive opening, the Stockholm stock exchange's broad OMX index closed sideways.
New Mortgage Rules Aim to Enhance Interest Rate Negotiations
Business News

New Mortgage Rules Aim to Enhance Interest Rate Negotiations

Now banks must inform their customers at least one month before the interest rebate on mortgages expires. We hope that this will give mortgage customers an honest chance to be able to negotiate their mortgage interest rate, says Moa Langemark at the Financial Supervisory Authority
Swish Disruption Affecting Nordea Customers Resolved
Business News

Swish Disruption Affecting Nordea Customers Resolved

Nordea Economist Criticizes Government's Pessimistic Economic Outlook
Sweden NewsTop News

Nordea Economist Criticizes Government's Pessimistic Economic Outlook

Nordea's chief economist Annika Winsth believes that the government is too pessimistic about the Swedish economy. In addition, she is worried that the Minister of Finance will try to make everyone happy in the autumn budget
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