Fall in Hungary's inflation, risk premia likely lowered required rate level, central banker says

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UK financial regulator softens proposed change to UK money market fund rules

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British finance sector demands closer ties with Europe ahead of UK-EU summit

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South Korea's KOSPI index fell by over 8% as chipmakers SK Hynix and Samsung joined a tumble in AI stocks. Janet Mui of RBC Brewin Dolphin says traders don't know if memory chip demand is cyclical or in a supercycle, but chipmakers' revenues could justify valuations moving higher

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German industrial orders fell more than expected in April

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The global airline industry nearly halved its 2026 profit forecast citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins. READ:

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Intesa CEO says bank took Generali stake to pre-empt defensive moves

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Nvidia announced a series of deals in South Korea with tech giants including SK Hynix and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers

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Intesa launches $35 billion Monte dei Paschi bid in record Italian banking deal

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How a few AI chip giants warped Asia's stock picking game

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Chip rout puts Korea's 'ant' investors to the test as margin debt soars

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French telecoms groups readying $23.5 billion SFR deal for antitrust approval

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Switzerland goes to the polls on June 14 to vote on whether to cap its population at 10 million people in a referendum some have likened to a 'Swiss Brexit,' alarming many businesses who fear an economic blow should the proposal succeed