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ECB to start rate cuts but sticky inflation clouds path ahead
The European Central Bank is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a rapid easing cycle. The central bank will also release its own updated forecasts for growth and inflation on Thursday, which will feed into rate-setters' debate about their next move.
Asian markets rally on renewed US rate cut hopes
Asian markets rallied and the dollar weakened on Monday as a closely watched US inflation gauge dipped in April, reviving hopes that the Federal Reserve will cut interest rates this year. The PCE report came after figures showed eurozone inflation topped forecasts in April, though observers were still optimistic the European Central Bank will cut rates this week.
ANC offers R100,000 reward for info on threatening voicenote
The ANC has offered R100,000 to anyone with information that could lead to the arrest of those responsible for a voicenote threatening elderly non-ANC voters.
Trump joins TikTok, which he once tried to ban
Former US president and current White House hopeful Donald Trump has joined TikTok, posting his first video on the wildly popular social media app he once tried to ban while in office. In the video, which features raucous music, Trump is introduced by UFC CEO Dana White and leans into the camera saying, "It's my honor."
Southern KwaZulu-Natal braces for heavy downpour: Yellow Level 4 warning issued
Communities in southern KwaZulu-Natal should brace themselves for a heavy downpour that could result in localised flooding and infrastructure damage.
Rupert Murdoch marries again at age 93
Media magnate Rupert Murdoch has married for the fifth time at age 93, tying the knot with a retired molecular biologist a quarter century younger than him. Zhukova, who emigrated to the United States from Russia, is a retired molecular biologist.
Nvidia boss unveils AI products ahead of Taiwan expo
Nvidia on Sunday unveiled new products and plans to accelerate the advance of artificial intelligence, with the AI hardware titan's CEO telling a packed stadium in Taipei that "the next industrial revolution has begun".
North West tragedy: Pensioners facing murder charges for assault on senior
Two pensioners, aged 75 and 92, are facing murder charges for allegedly killing another pensioner at a nursing home in Jericho Village in the North West Province.
ANC’s Secretary General Fikile Mbalula admits election decline, plans reflective meeting
The ANC’s Secretary General, Fikile Mbalula, said the party’s election performance was nothing to celebrate, adding that the results sent a clear message.
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