ECB posts its first loss since 2004 after barrage of rate hikes

Central banks around the world have suffered financially from the combined effects of large asset-purchase programs conducted when inflation was low and quickly rising interest rates after the pandemic.

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Asian markets edge higher after Wall Street rally

Asian stocks experienced a slight increase following Wall Street’s record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia’s investment in OpenAI. While US