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Fentanyl, beans and Ukraine: Trump hails 'success' in talks with Xi
Fentanyl, beans and Ukraine: Trump hails 'success' in talks with Xi
by  AFP

A beaming US President Donald Trump hailed his "great success" in talks with Chinese President Xi Jinping in the South Korean city of Busan on Thursday. However, he said after the talks in Busan the tariffs would be reduced to 10 percent -- bringing overall US tariffs on Chinese goods to 47 percent.

Bank of Japan keeps interest rates unchanged
Bank of Japan keeps interest rates unchanged
by  AFP

The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high uncertainties" linked to US trade tariffs. "High uncertainties still remain regarding the impact of trade and other policies on economic activity and prices at home and abroad," the BoJ said in a statement following the decision.

With inflation under control, ECB to hold rates steady again
With inflation under control, ECB to hold rates steady again
by  AFP

The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation hovering around its target and the eurozone economy holding up. Jose Luis Escriva, Spain's central bank chief and a member of the ECB's rate-setting governing council, told El Diario newspaper in a weekend interview that the "current level of interest rates is appropriate".

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