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Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%
Business News

Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%

The Stockholm stock exchange turned sour and retreated on Friday, among other things Volvo and EQT fell heavily. The OMXS index closed at minus 1
Stockholm Stock Exchange Drops After Trump's New Tariff Threats
Business News

Stockholm Stock Exchange Drops After Trump's New Tariff Threats

The Stockholm stock exchange fell sharply in Friday's final trading after the US President Donald Trump threatened with heavily increased tariffs on Chinese goods.
FI Proposes Legal Requirements for Banks on Payment Accounts
Business News

FI Proposes Legal Requirements for Banks on Payment Accounts

Major banks have become better at securing the right to a payment account but they need to do more, writes the Financial Supervisory Authority in a report.
Service Sector Shows Clear Recovery in September Index
Business News

Service Sector Shows Clear Recovery in September Index

The temperature in the service sector is rising clearly, shows the purchasing managers' index for September.
Swedish Apartment Prices Drop Since 2021: Where They Fell Most
Business News

Swedish Apartment Prices Drop Since 2021: Where They Fell Most

Prices for apartments have fallen in most of Sweden since the peak in 2021, according to a review from Swedbank. That prices always go up is a truth with modification, says the bank's private economist Arturo Arques
Swedish Industry Growth Hits Three-Year High in September
Business News

Swedish Industry Growth Hits Three-Year High in September

Swedish industry continues to step up the pace, shows a purchasing managers' index for September from Swedbank and Silf. The index rose for the third month in a row to the highest level since the spring of 2022
Banks Criticized for Cautious Mortgage Rate Cuts
Business News

Banks Criticized for Cautious Mortgage Rate Cuts

Several major banks have lowered their mortgage rates – but not as much as the Swedish Central Bank's reduction. According to savings economist Christina Sahlberg, the banks have been unusually cautious
Major Banks Reduce Variable Mortgage Interest Rates
Business News

Major Banks Reduce Variable Mortgage Interest Rates

Handelsbanken and Danske Bank are joining other major banks and lowering the variable mortgage interest rate.
Major Banks Reduce Variable Mortgage Rates by 0.20 Points
Business News

Major Banks Reduce Variable Mortgage Rates by 0.20 Points

Major banks Nordea, Swedbank and SEB are lowering their variable mortgage rates by 0. 20 percentage points
Stockholm Stock Exchange Rises Slightly as H&M Shares Fall
Business News

Stockholm Stock Exchange Rises Slightly as H&M Shares Fall

The Stockholm stock exchange closed the trading week with a plus of 0. 1 percent
Swedbank Economist Criticizes Swedish Budget as Ineffective
Business NewsTop News

Swedbank Economist Criticizes Swedish Budget as Ineffective

The Tidö parties' budget initiative is larger than many had thought beforehand. The content is, however, far from what the Swedish economy needs, according to several assessors
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.
Klarna's Stock Market Debut Attracts Swedish Small Investors
Business NewsTop News

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna was listed on the New York stock exchange on Wednesday. According to the online banks Avanza and Nordnet, there was a great interest among Swedish small investors for the share on the first trading day
Food Prices Drop for First Time This Year in Sweden
Business NewsTop News

Food Prices Drop for First Time This Year in Sweden

For the first time this year, food prices are now falling. A decline in inflation also gives the Swedish Central Bank further room to lower the interest rate, according to assessors
Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises
Business News

Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises

The Stockholm stock exchange began the trading week with an upturn. The OMXS index closed 0
US SEC Ends Swedbank Investigation Without Action
Business News

US SEC Ends Swedbank Investigation Without Action

The American financial supervisory authority SEC has concluded its investigation of Swedbank without action, the bank writes in a press release.
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
Interest Rate Cuts Possible Despite Rising Inflation in Sweden
Business NewsTop News

Interest Rate Cuts Possible Despite Rising Inflation in Sweden

Inflation in August rose to 3. 3 percent according to the KPIF measure
Swish Payment Issues Resolved for Swedbank and Länsförsäkringar Customers
Sweden News

Swish Payment Issues Resolved for Swedbank and Länsförsäkringar Customers

Swedish Service Sector Sees Fragile Recovery in August
Business News

Swedish Service Sector Sees Fragile Recovery in August

The Swedish service sector is recovering again in August after having declined in July.
Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast
Business News

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Danske Bank expects the Swedish Central Bank to lower the interest rate once more this year. Despite the inflation being described as "too high" in a new economic trend report
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
Swedish Industry Temperature Rises in August with PMI at 55.3
Business News

Swedish Industry Temperature Rises in August with PMI at 55.3

Temperature in the Swedish industry rose in August.
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