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Stocks rebound on US rate cut bets
Stocks rebound on US rate cut bets
Economy
by  AFP

Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy. Markets reacted more favourably on Monday, as the slowdown boosted hopes of Fed rate cuts to support the economy.

Swiss eye 'more attractive' offer for Trump after tariff shock
Swiss eye 'more attractive' offer for Trump after tariff shock
Economy
by  AFP

Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that are expected to take effect this week. "Switzerland enters this new phase ready to present a more attractive offer, taking US concerns into account and seeking to ease the current tariff situation," the council said in a statement.

Trump says will name new economics data official this week
Trump says will name new economics data official this week
Economy
by  AFP

US President Donald Trump said Monday that he would pick an "exceptional replacement" to his labor statistics chief -- after ordering her dismissal as a new report showed weakness in the US jobs market. He added Monday: "I will pick an exceptional replacement."