Stocks diverge as AI fears cloud US rate cut
Stock markets diverged Thursday as optimism over the Federal Reserve's latest interest rate cut was dampened by disappointing earnings from software giant Oracle, which revived concerns over sky-high AI valuations.
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Israel says Hamas 'will be disarmed' after group proposes weapons freeze
Israel said on Thursday Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top leader from the Palestinian Islamist movement suggested a weapons freeze.
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ECB proposes simplifying rules for banks
The European Central Bank proposed Thursday simplifying rules for the region's lenders to help them compete internationally, but insisted the move would not weaken guardrails aimed at preventing crises.
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Toll in deadly Indonesia floods near 1,000, frustrations grow
The death toll in Indonesia's devastating floods closed in on the 1,000 mark Thursday as hundreds of thousands more continued to face shortages, with frustration growing over relief efforts.
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Myanmar junta air strike on hospital kills 31, aid workers say
A Myanmar military air strike killed more than 30 people at a hospital, aid workers said Thursday, as the junta wages a withering offensive ahead of elections beginning this month.
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General strike hits planes, trains and services in Portugal
Widespread disruption hit Portuguese air travel and trains, hospitals and schools Thursday as the unions called the biggest nationwide strike action for more than a decade against government labour reforms.
Read moreOut of hiding, Venezuela's Machado vows to return to end 'tyranny'
Nobel Peace laureate Maria Corina Machado will do her best to return to Venezuela to end the "tyranny" in the country, she said Thursday as she seized the spotlight in Oslo after nearly a year in hiding.
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Vietnam's capital chokes through week of toxic smog
Toxic smog has blanketed Vietnam's capital for more than a week, blotting out the skyline and leaving residents wheezing as Hanoi's air quality dipped to among the world's worst on Thursday.
Read moreStocks mixed as US rate cut offset by Fed outlook, Oracle earnings
Asian markets were mixed Thursday as earlier gains fuelled by the Federal Reserve's latest interest rate cut were offset by indications the central bank will hold off from further reductions at the start of next year.
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Mexico approves punishing vape sales with jail time
Mexico's Congress gave final approval on Wednesday to a bill establishing penalties of up to eight years in prison for selling electronic cigarettes and similar products.
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