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With inflation down, ECB eyes faster tempo of rate cuts
The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount. "Victory against inflation is in sight," French central bank governor Francois Villeroy de Galhau, who sits on the ECB's rate-setting governing council, said last week.
Shanghai stocks swing after stimulus briefing as most of Asia rises
Shanghai stocks fluctuated Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other Asian markets tracked another record day on Wall Street.
Role of government, poverty research tipped for economics Nobel
Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders. - Poverty or wealth inequality?
SpaceX will try to 'catch' giant Starship rocket shortly before landing
SpaceX's next test flight of its Starship megarocket this Sunday could mark a world first: catching the returning first-stage booster using the launch tower's "chopstick" arms -- a crucial step in the company's quest for rapid reusability.
Tariffs, tax cuts, energy: What is in Trump's economic plan?
Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.
Amazon wants to be everything to everyone
Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.
US firms brace for more tariffs as election approaches
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more. "If anything, it's probably going to go up," Actis said, adding that he has considered moving his business abroad.
China-EU EV tariff talks in Brussels end with 'major differences': Beijing
The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.
Analysts warn more detail needed on new China economic measures
Analysts gave a cautious welcome to China's announcement Saturday of fresh fiscal stimulus to revive its ailing economy but warned that more details -- and specific headline figures -- were needed before its effect could be fully assessed.
AFP
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