Vietnam’s central bank announced it will cut a key policy interest rate for the second time this year as it seeks to bolster an economy that grew slower than expected amid drops in exports and slowing domestic demand.
From meme stocks to crypto-themed products, exchange-traded fund closures are mounting in what were once some of the trendiest areas of the $6.8 trillion industry.
(Bloomberg) -- US year-ahead inflation expectations receded further at the end of March to the lowest in nearly two years, though consumers remained relatively downbeat about the economic outlook.
The European Central Bank may still have a little way to go on raising interest rates, Governing Council member Francois Villeroy de Galhau said after data showed persistent upward pressure on prices for core goods and services in the euro area.
Primavera Capital has entered the race to acquire a stake in high-end cosmetics brand Aesop, people with knowledge of the matter said.
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