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Eurozone inflation eases slightly in February
Eurozone inflation eases slightly in February
by  AFP

Eurozone inflation edged down slightly in February to 2.4 percent, reversing a four-month upward trend thanks to a slowdown in energy price increases, official data showed on Monday. Services sector inflation slowed to 3.7 percent last month, lower than the 3.9 percent recorded in January, Eurostat data showed.

AI, trade tensions to mark Barcelona mobile industry meet
AI, trade tensions to mark Barcelona mobile industry meet
by  AFP

Frantic optimism about artificial intelligence's potential to empower gadgets is set to clash with fears about trade tensions stoked by the White House at this week's Mobile World Congress (MWC) in Barcelona. Generative artificial intelligence's capture of tech industry attention since ChatGPT first emerged has made it a must-have for any firm developing new devices.

ECB to cut rates again as debate heats up on pause
ECB to cut rates again as debate heats up on pause
by  AFP

The European Central Bank is expected to cut interest rates again this week in a bid to boost the floundering eurozone economy, even as debate heats up about when to hit pause. - Rate debate - Some policymakers are starting to ask how the central bank should continue on the path downward.

Asian markets climb on China fiscal hopes against Trump tariffs
Asian markets climb on China fiscal hopes against Trump tariffs
by  AFP

Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods. Meanwhile, Bitcoin slipped 1.3 percent on Asian markets after a six percent-surge on Sunday on the back of Trump's announcement that he was considering adding five digital assets to the US' strategic reserves.