FRANKFURT (Reuters) – The European Central Bank should continue to cut interest rates in small steps and resist the temptation of trying to prop up growth in a currency bloc that suffers largely from structural…
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By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies and calm financial markets a day after President Yoon Suk Yeol was impeached…
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Investing.com — Artificial intelligence (AI) technology is expected to profoundly transform the global economy in the coming years, with the U.S. at the forefront. In a recent extensive report, TD Cowen analysts highlighted key themes…
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(Reuters) -U.S. President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the U.S. Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter. The U.S.…
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Investing.com — The timeline for a potential new trade war, as discussed by analysts at UBS, appears to hinge on a multi-phased process reflecting both political maneuvering and economic impacts. UBS analysts categorize the progression…
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By Hannah Lang NEW YORK (Reuters) -The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year,…
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By Stella Qiu and Harry Robertson SYDNEY/LONDON (Reuters) -Asian shares dropped on Friday as a lack of details on Chinese stimulus disappointed investors, while the dollar was buoyed by the biggest weekly rise in longer-dated…
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By Marcela Ayres and Fernando Cardoso BRASILIA (Reuters) – Brazil’s currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected interest rate hike by the central bank and its signal of…
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By Samuel Indyk LONDON (Reuters) -The U.S. dollar was broadly steady on Thursday while the euro traded a touch higher before the European Central Bank’s monetary policy decision later in the day, where a quarter-point…
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(Reuters) -Photoshop maker Adobe (NASDAQ:) forecast annual revenue below Wall Street estimates on Wednesday, indicating the company’s investments to weave AI into its software applications were taking longer to bear fruit. Shares of the San…
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