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Market turmoil tests ECB rate hike appetite
Market turmoil tests ECB rate hike appetite
by  AFP

European Central Bank governors will meet Thursday, with fears over a widening banking crisis testing their resolve to raise interest rates again by a hefty half percentage point.

Philippine social media users face barrage of bogus medical posts
Philippine social media users face barrage of bogus medical posts
by  AFP

Philippine vlogger Rosanel Demasudlay holds a heart-shaped "virginity soap" bar in front of the camera and assures her hundreds of YouTube followers it can be safely used to "tighten" their vaginas. She falsely claimed the "Bar Bilat Virginity Soap" had been approved by the Philippine Food and Drug Administration as a treatment for skin conditions and a way to tighten the vagina.

Banks feel impact as Asian markets are hit by contagion fears
Banks feel impact as Asian markets are hit by contagion fears
by  AFP

Asian markets slid Thursday, led again by banks, with contagion talk sweeping across trading floors owing to fears about European giant Credit Suisse. And now there is talk of the European Central Bank also calling a halt to its hiking campaign, despite inflation remaining elevated.

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