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Service Sector Index Rises in May, Exceeds Expectations
Business News

Service Sector Index Rises in May, Exceeds Expectations

The service sector got a little extra boost in May, shows new index.
Inflation Data Key to Central Bank's Interest Rate Decision
Business News

Inflation Data Key to Central Bank's Interest Rate Decision

An interest rate cut before the summer or wait until the autumn? Tomorrow, the last piece of the puzzle will be presented to the Central Bank in the form of new inflation figures.
Lower Price Pressure Signals Potential Interest Rate Cut
Business News

Lower Price Pressure Signals Potential Interest Rate Cut

The temperature in the Swedish industry is still good, but loses some of the pace, shows the purchasing managers' index for May.
Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood
Business News

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Swedish economy shrinks unexpectedly during the year's first quarter, based on a second calculation by the Statistics Bureau (SCB). Today's figure has increased the probability of an interest rate cut, says Nordea's chief analyst Torbjörn Isaksson
Swish Payment Issue Resolved After Three-Hour Disruption
Business News

Swish Payment Issue Resolved After Three-Hour Disruption

Major Banks Differ on Swedish Interest Rate Cuts for 2023
Business News

Major Banks Differ on Swedish Interest Rate Cuts for 2023

There is great uncertainty surrounding the interest rate development during the year. Handelsbanken and Swedbank are counting on two cuts
Swedbank Fined 12.5 Million Kronor by FI for Security Deficiencies
Business News

Swedbank Fined 12.5 Million Kronor by FI for Security Deficiencies

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent
Business News

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent
Fake Online Purchases Worth Millions Blocked by Authorities and Banks
Sweden News

Fake Online Purchases Worth Millions Blocked by Authorities and Banks

The police, the Consumer Agency and the four major banks have together stopped thousands of purchases on fake online stores by starting to share information with each other. The collaboration, which took place at the end of the year, led to the total amount stopped being tens of millions of kronor higher than before
Swedish Government Cuts GDP Growth Forecast Amid Tariff Concerns
Business NewsTop News

Swedish Government Cuts GDP Growth Forecast Amid Tariff Concerns

The Government is writing down the GDP forecast. The Swedish economy is now expected to slow down further due to the tariffs
Trump Announces First US-UK Trade Agreement
Business NewsTop News

Trump Announces First US-UK Trade Agreement

President Donald Trump's first trade agreement is in harbor. According to Trump, it's about an agreement between the USA and the United Kingdom
Stock Market Stalls as Cloetta Jumps 10.4 Percent
Business News

Stock Market Stalls as Cloetta Jumps 10.4 Percent

The trend was negative on the major European stock exchanges on Wednesday, despite the news that ministers from China and the US would meet later in the week to discuss the trade war. The Stockholm stock exchange fluctuated around zero during the day, and the broad OMXS index closed 0
Service Sector Recovery Stalls as Activity Declines Unexpectedly
Business News

Service Sector Recovery Stalls as Activity Declines Unexpectedly

The recovery in the service sector has come to a halt and activity in the sector is unexpectedly decreasing, according to the purchasing managers' index from Swedbank and Silf. The slowdown is weighing down development in the business sector
Swedish Central Bank Lowers Interest Rate Twice This Year to 1.75%
Business News

Swedish Central Bank Lowers Interest Rate Twice This Year to 1.75%

The Swedish Central Bank lowers the interest rate twice this year, down to 1. 75 percent in September, according to a new forecast from Swedbank's economists
Stronger Krona Eases Price Pressure in Swedish Industry
Business News

Stronger Krona Eases Price Pressure in Swedish Industry

Despite economic uncertainty, there are positive tones within Swedish industry. Inflation tendencies are decreasing noticeably, shows an important business cycle measure
Swedbank Swish App Issues Resolved for Customers
Business News

Swedbank Swish App Issues Resolved for Customers

Stockholm Stock Exchange Rises Despite Evolution's 19% Stock Plunge
Business News

Stockholm Stock Exchange Rises Despite Evolution's 19% Stock Plunge

Walpurgis Eve's shortened trading day ended with a clear increase for the Stockholm Stock Exchange. The worse it was then for the live casino company Evolution
Factory Giants Drag Down Stockholm Stock Exchange
Business News

Factory Giants Drag Down Stockholm Stock Exchange

The Stockholm stock exchange's broad OMXS index fell 0. 4 per cent on Tuesday, weighed down by declines in engineering companies whose results did not meet the forecasts
Swedbank Exceeds Expectations as Share Price Rises 2 Percent
Business News

Swedbank Exceeds Expectations as Share Price Rises 2 Percent

Swedbank's profit was pressed down during the first quarter. But the bank exceeded market expectations and on the Stockholm Stock Exchange it's thumbs up
SKF and Kinnevik Lead Gains in a Declining Stockholm Stock Market
Business News

SKF and Kinnevik Lead Gains in a Declining Stockholm Stock Market

The Stockholm Stock Exchange started the week's trading with a slight decline of 0. 1 percent
Few Clear Losers in Swedish Companies' Report Season So Far
Business News

Few Clear Losers in Swedish Companies' Report Season So Far

Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases
Experts Diverge on Future Swedish Interest Rate Changes
Business News

Experts Diverge on Future Swedish Interest Rate Changes

On the interest rate market, the actors assume two cuts in the Swedish Central Bank's benchmark rate this year. But among the major banks' forecasters, there is a significant spread when it comes to the benchmark rate right now
Major Swedish Banks See Profit Decline in 2024 Report
Business News

Major Swedish Banks See Profit Decline in 2024 Report

Tenant-Owners Advised on Navigating Interest Rate Uncertainty
Business News

Tenant-Owners Advised on Navigating Interest Rate Uncertainty

The steel bath for many of the country's housing associations is over. But while the costs have stabilized, there is still a big question mark: What will happen with the interest rate going forward?
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