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Swedes Report Decreased Satisfaction with Banks This Year
Business News

Swedes Report Decreased Satisfaction with Banks This Year

Swedes' customer satisfaction with the banks has decreased over the past year, shows the Swedish Quality Index annual review.
Sanctions on Russian Oil Could Benefit US, Says Expert
World NewsTop News

Sanctions on Russian Oil Could Benefit US, Says Expert

”Significant sanctions” await Russia if NATO countries stop importing Russian oil, according to the US President Donald Trump. Commodity analyst Christian Kopfer assesses the scenario as ”spontaneously unlikely”, but continues: One can never say for certain when it comes to Trump, that's the problem
Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner
Business News

Klarna CEO Secures Billion-Kronor Loan to Buy Out Co-Owner

Klarna's CEO and co-founder Sebastian Siemiatkowski has mortgaged Klarna shares to take economic control over the holding company K Friends Partners, with shares in Klarna. The Klarna chief's loan of over one billion kronor was taken out in the Swedish major bank SEB, reports Bloomberg
Klarna's Stock Market Debut Features Limited Share Availability
Business NewsTop News

Klarna's Stock Market Debut Features Limited Share Availability

When Klarna goes to the stock exchange, an unusually small number of shares will be issued for sale. This can make trading slower and means that existing owners remain in power
US Job Market Slows with Only 22,000 New Jobs in August
Business News

US Job Market Slows with Only 22,000 New Jobs in August

USA's labor market slows down heavily. In August, only 22,000 new jobs were created outside the agricultural sector
Skandiabanken Offers Lowest Mortgage Rates in August
Business News

Skandiabanken Offers Lowest Mortgage Rates in August

The average interest rate for variable-rate mortgages was 2. 85 percent in August, shows a review from the comparison service Zmarta
Food Chains in Sweden Promise Price Cuts with VAT Reduction
Business NewsTop News

Food Chains in Sweden Promise Price Cuts with VAT Reduction

Food chains promise price reductions as large as the reduced VAT. Coop will reduce prices corresponding to the VAT reduction, says Anders Torell, CEO Coop Sweden
Stockholm Stock Exchange Sees Slight September Uptick
Business News

Stockholm Stock Exchange Sees Slight September Uptick

The Stockholm stock exchange started September slightly up. The broad OMXS index closed at 0
Court Rules Trump's Trade Tariffs Illegal in Judicial Setback
Business NewsTop News

Court Rules Trump's Trade Tariffs Illegal in Judicial Setback

That a court has ruled that the Trump administration's trade tariffs are illegal is a "judicial slap in the face" to the American president, says Robert Bergqvist, senior economist at SEB. But I would be very surprised if this changes anything
Large Budget Initiatives Expected in Next Year's Swedish State Budget
Business NewsTop News

Large Budget Initiatives Expected in Next Year's Swedish State Budget

The Government is expected to strike with historically large initiatives in the state budget for next year, according to a number of experts. Finance Minister Elisabeth Svantesson (The Moderate Party) has raised expectations by talking about "decent stimuli" ahead of Thursday's announcement
Banks Decline Amid Cautious Stockholm Stock Market
Business News

Banks Decline Amid Cautious Stockholm Stock Market

Trading on the Stockholm stock exchange was cautious on Wednesday while waiting for a quarterly report from the American semiconductor giant Nvidia. The broad OMXS index closed at minus 0
Swedbank Forecasts Boost to Swedish Household Finances
Business News

Swedbank Forecasts Boost to Swedish Household Finances

Increased child benefits, reduced taxes and two interest rate cuts. Swedbank's economists expect substantial contributions to the household budget, both from the Swedish Central Bank and the government
Trump Considers Retaliatory Tariffs on Tech Over Digital Taxes
Business NewsTop News

Trump Considers Retaliatory Tariffs on Tech Over Digital Taxes

USA's president Donald Trump threatens to introduce further export restrictions on advanced technology. The statement is directed towards countries that in some way have legislation that the president considers "harm" American technology companies
H&M Shares Drop 2.1% Amid Stockholm Stock Exchange Decline
Business News

H&M Shares Drop 2.1% Amid Stockholm Stock Exchange Decline

The Stockholm stock exchange fell on the first day of the trading week. The broad OMXS index decreased by 0,7 percent and the large-cap index OMXS30 lost 0,8 percent
Wallenberg AI Center to be Established in Linköping
Business News

Wallenberg AI Center to be Established in Linköping

Now the Wallenberg companies have made up their minds. The new AI centre is placed in Linköping
Trump Seeks Fed Chief Favoring Lower Interest Rates
Business News

Trump Seeks Fed Chief Favoring Lower Interest Rates

The list of candidates is long when the US President Donald Trump will choose a replacement for the Fed chief Jerome Powell. But all have one thing in common - the desire to lower the interest rate
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
High Summer Costs Delay Swedish Interest Rate Cut
Business NewsTop News

High Summer Costs Delay Swedish Interest Rate Cut

No reduction now, but maybe in September. That's what economists' guesses look like ahead of the Swedish Central Bank's interest rate announcement on Wednesday
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
Cryptocurrency Interest Surges in Sweden Amid Record Bitcoin Levels
Business News

Cryptocurrency Interest Surges in Sweden Amid Record Bitcoin Levels

Bitcoin is traded at new record levels and the interest in cryptocurrencies is once again at the top in Sweden, above all among young men. The interest has really increased, no doubt about it, says Philip Scholtzé, savings economist at Avanza
Stockholm Stock Exchange Closes Down 0.5 Percent
Business News

Stockholm Stock Exchange Closes Down 0.5 Percent

The Stockholm stock exchange started the first day of the trading week with a weak upturn, but turned and at the close the broad OMXS index had fallen 0,5 percent.
Stable Housing Price Expectations Rise in August, SEB Reports
Business News

Stable Housing Price Expectations Rise in August, SEB Reports

Households have become a little more optimistic about the development of residential prices, shows SEB's residential price indicator for August.
Sweden's Upcoming Budget Focuses on Households Amid Economic Challenges
Business News

Sweden's Upcoming Budget Focuses on Households Amid Economic Challenges

Households are in focus when the government presents its budget initiatives in September, predict several economists. They also expect the government to take drastic measures this time
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
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