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Most Asian markets sink after US lender's collapse
Most Asian markets sink after US lender's collapse
by  AFP

Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial sector, even as officials promised to support customers. US bank shares plunged Friday, and Asian lenders extended their own losses, with HSBC, National Australia Bank and Mitsubishi UFJ Financial Group all well down on Monday.

ECB seen hiking rates again, but for how much longer?
ECB seen hiking rates again, but for how much longer?
by  AFP

The European Central Bank is all but certain to raise interest rates again on Thursday, shifting analysts' attention to how much higher policymakers plan to go in the months ahead to tame inflation.

Swiss city Lucerne votes to restrict Airbnb rentals
Swiss city Lucerne votes to restrict Airbnb rentals
by  AFP

The Swiss city of Lucerne voted Sunday to limit short-term rentals, including on the Airbnb platform, to a maximum of 90 days a year. With Sunday's vote, Lucerne will become the latest of a number of European cities that have taken steps to limit the effect of the Airbnb home rental platform on the housing market.

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