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Dollar edges higher before US jobs report as Omicron fears ease

The dollar ticked higher amid a broadly calmer tone in markets. This is because the fears over Omicron’s impact eased. But the currency moves...

More time given to form new government – Swedish finance minister

Swedish Finance Minister Magdalena Andersson has been given more time to try to form a new government. She is hopeful of striking a deal with the...

Risks for German finance revolve around rates

The new president of Germany’s financial watchdog BaFin said that the greatest risks for the financial sector revolve around interest rates. BaFin President Mark...

Euro zone bond markets point to stagflation

Short-dated euro zone bond yields jumped. Long-term inflation expectations hit a new seven-year high. This is by putting pressure on European Central Bank officials for addressing...

EU pledges faithful application of global bank capital rules

The European Union published draft laws to faithfully implement the final batch of tougher global bank capital rules from 2025. After the initial rules, banks in Europe...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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