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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
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

Swedish Service Sector Faces Significant Slowdown in July
Business News

Swedish Service Sector Faces Significant Slowdown in July

The Swedish service sector slowed down significantly in July. The pessimism regarding employment is now the highest since the pandemic
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
Swedish Industry Growth Surpasses Expectations in July
Business News

Swedish Industry Growth Surpasses Expectations in July

Euro Zone Growth Surges in July Driven by Service Sector
Business News

Euro Zone Growth Surges in July Driven by Service Sector

Germany is increasing the level of activity. And France is easing off the brakes
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
Sweden's Price Base Amount Increase for 2025: Minimal Impact on Benefits
Business News

Sweden's Price Base Amount Increase for 2025: Minimal Impact on Benefits

Pensioners and students can count on almost 100 kronor more in their wallet per month. This will be the effect of next year's increase in the price base amount, according to Swedbank's calculations
SEB Becomes Sole Major Bank Investing in NATO-Based Nuclear Weapons
Business News

SEB Becomes Sole Major Bank Investing in NATO-Based Nuclear Weapons

The Wallenberg sphere's major bank SEB opened up in June to invest venture capital in and lend to nuclear weapons manufacturers – if they are based in NATO countries. The other Swedish major banks have not followed suit
Swedbank Profit Decline Beats Expectations Despite Economic Challenges
Business News

Swedbank Profit Decline Beats Expectations Despite Economic Challenges

Both profit and net interest income fall. But major bank Swedbank – one of the largest in the Swedish mortgage market – is performing better than expected
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
Trump Shifts Tactics with 100% Tariff Threat Against Russia
World News

Trump Shifts Tactics with 100% Tariff Threat Against Russia

The threat of 100-percent tariffs against Russia is a sign that Donald Trump has changed tactics – from economic carrot to stick, according to Robert Bergqvist, senior economist at SEB.
Stockholm Stock Exchange Gains Favor Amid Uncertainty, Says Swedbank Strategist
Business News

Stockholm Stock Exchange Gains Favor Amid Uncertainty, Says Swedbank Strategist

Uncertainty has characterized the first half of the year on the stock exchange. Do not count on more clarity when the reporting season begins
Service Sector Growth Surges in June with PMI Reaching 54.6
Business News

Service Sector Growth Surges in June with PMI Reaching 54.6

Purchasing Managers' Index for the service sector rose in June to 54. 6 according to Swedbank and Silf
Swedish Industry Growth Slows in June
Business News

Swedish Industry Growth Slows in June

Swedbank Acquires Digital Mortgage Lender Stabelo
Business News

Swedbank Acquires Digital Mortgage Lender Stabelo

Swedbank is buying the mortgage institute Stabelo. The intention is to "reach more customers on the mortgage market", according to a press release from the major bank
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
German Economy Shows Signs of Recovery as Index Rises in June
Business News

German Economy Shows Signs of Recovery as Index Rises in June

The mood in the German economy is recovering, shows a purchasing managers' index for June. Three years of German recession may be over
More Banks Reduce Variable Mortgage Rates After Central Bank Cut
Business News

More Banks Reduce Variable Mortgage Rates After Central Bank Cut

Major Banks Reduce Mortgage Interest Rates After Central Bank Cut
Business News

Major Banks Reduce Mortgage Interest Rates After Central Bank Cut

Supreme Court Grants New Trial for Former Swedbank CEO Bonnesen
Business NewsTop News

Supreme Court Grants New Trial for Former Swedbank CEO Bonnesen

The Supreme Court grants leave to appeal to the former Swedbank CEO: Birgitte Bonnesen, who was convicted last year for gross fraud. It is a hugely pleasing message for us, now we have in practice gotten rid of this verdict from the Court of Appeal, says Bonnesen's lawyer Per E Samuelson
Food Prices Stabilize, Paving Way for Potential Interest Rate Cut
Business NewsTop News

Food Prices Stabilize, Paving Way for Potential Interest Rate Cut

Food prices including alcohol-free drinks rose by a mere 0. 2 percent in May, compared to April
Swish Payment Disruption Resolved After Two-Hour Outage
Business News

Swish Payment Disruption Resolved After Two-Hour Outage

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