Showing 1-10 of 714 results
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Global stocks mostly rise as ECB, BoE press pause after Fed pivot
AFP, Published on 15/12/2023
» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.
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Stocks diverge at start of key week for rate calls
AFP, Published on 11/12/2023
» LONDON - Stock markets diverged on Monday ahead of a busy week for interest rate decisions from major central banks.
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Turkey's inflation ticks up to 62%
AFP, Published on 04/12/2023
» ISTANBUL - Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes.
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US Fed keeps interest rates at 22-year high
AFP, Published on 02/11/2023
» WASHINGTON - The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy.
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Earnings help stocks resist despite sticky inflation
AFP, Published on 27/10/2023
» LONDON - Stocks traded mixed on Friday as blockbuster earnings from Amazon and Intel fuelled hope of a tech bounce despite a report showing persistent US inflation.
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Chinese firm 'sold spy satellites to Wagner'
AFP, Published on 05/10/2023
» PARIS - The Russian mercenary group Wagner in 2022 signed a contract with a Chinese firm to acquire two satellites and use their images, aiding its intelligence work as the organisation sought to push Russia's invasion of Ukraine, according to a document seen by AFP.
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Global stocks mixed as markets struggle to rebound
AFP, Published on 05/10/2023
» NEW YORK - Global stocks were mixed Wednesday as investors sought to rebound following the prior session's big drop as oil prices moved sharply lower.
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Bank of England pauses interest-rate hikes
AFP, Published on 21/09/2023
» LONDON - The Bank of England on Thursday held interest rates steady, snapping 14 straight hikes following a surprising slowdown in UK inflation and one day after the US Federal Reserve also hit the pause button.
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Fed likely to pause rate hikes, raise growth forecast
AFP, Published on 20/09/2023
» WASHINGTON - Analysts expect the United States Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.
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OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
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