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Global stocks edge higher but oil sinks
AFP, Published on 05/10/2023
» LONDON - Asian and European stocks rose on Thursday after modest Wall Street gains as investors kept a wary eye on US bond yields, while oil sank further on stubborn demand fears.
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Asian markets rose as US inflation soothes rate fears for now
AFP, Published on 14/09/2023
» HONG KONG - A mixed inflation report in the United States boosted Asian markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the possibility of one more before year's end.
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UBS to absorb Credit Suisse domestic unit
AFP, Published on 31/08/2023
» ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its operations, without spelling out the implications for job cuts.
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