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ECB to look past Trump risk and push on with rate cuts
ECB to look past Trump risk and push on with rate cuts
by  AFP

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track. Felix Schmidt from Berenberg Bank was among economists predicting a fresh rate cut by the ECB Thursday, believing that inflation will ease in 2025.

Asian markets diverge in thin trade, with AI impact in focus
Asian markets diverge in thin trade, with AI impact in focus
by  AFP

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene. The DeepSeek news provided an extra facet to the current earnings season, with focus on how US tech giants will react.

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