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Markets tumble again as Fed hikes rates, warns more pain to come

Markets tumble again as Fed hikes rates, warns more pain to come

European stocks sank Thursday following sharp losses in Asia and on Wall Street, but the dollar spiked after the Federal Reserve signalled more hefty US interest rate hikes.

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'We keep running': Ukrainian rail unbowed in face of war

'We keep running': Ukrainian rail unbowed in face of war

Ukrainian resilience in the face of the Russian onslaught also extends to its railways, proudly declares the head of the company that has kept trains running with nary a glitch since the war began.

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French basketball bans Heurtel for signing for Russian club

French basketball bans Heurtel for signing for Russian club

France on Thursday said it would boot veteran point guard Thomas Heurtel off the national basketball team if he played for Zenit St Petersburg.

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Catholic plurality fuels unification pressure in N.Ireland

Catholic plurality fuels unification pressure in N.Ireland

Northern Ireland now has a Catholic plurality for the first time since the UK-run province was carved out as a Protestant fiefdom a century ago, census data revealed on Thursday.

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Raducanu feels the love to surge into Korea Open quarter-finals

Raducanu feels the love to surge into Korea Open quarter-finals

Emma Raducanu enjoyed support from the Korea Open crowd on the way to a straight-sets win over 396th-ranked Yanina Wickmayer and a place in the quarter-finals on Thursday.

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Norway, Swiss central banks hike rates to tame inflation

Norway, Swiss central banks hike rates to tame inflation

The Swiss and Norwegian central banks announced hefty interest rate hikes on Thursday as global monetary policymakers ramp up the battle against runaway inflation.

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China's former justice minister faces life in prison for bribery

China's former justice minister faces life in prison for bribery

China's former justice minister faces life in prison after a court handed him a suspended death sentence on Thursday for taking bribes and "bending the law".

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Japan's Tsunoda to stay with AlphaTauri in F1 next season

Japan's Tsunoda to stay with AlphaTauri in F1 next season

Yuki Tsunoda will stay with AlphaTauri next season, the Italian Formula One team announced on Thursday, with its boss saying the Japanese driver "deserves a seat" in the sport.

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Indonesia hikes rates for second straight month to stem inflation

Indonesia hikes rates for second straight month to stem inflation

Indonesia's central bank hiked its key interest rate for the second month in a row Thursday to combat rising inflation stoked by fuel prices and the war in Ukraine.

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Japan government intervenes to bolster cratering yen

Japan government intervenes to bolster cratering yen

Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted against the dollar in recent months on the widening policy gap between the US and Japanese central banks.

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