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Asian markets take breather from banking turmoil, capping tumultuous week

Overnight, the European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in line with oft-repeated guidance, with sentiment buttressed by the Swiss National Bank#39;s massive support for Credit Suisse Group AG, which sent the troubled lender#39;s shares 20% higher.

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​ Overnight, the European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in line with oft-repeated guidance, with sentiment buttressed by the Swiss National Bank#39;s massive support for Credit Suisse Group AG, which sent the troubled lender#39;s shares 20% higher. Overnight, the European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in line with oft-repeated guidance, with sentiment buttressed by the Swiss National Bank#39;s massive support for Credit Suisse Group AG, which sent the troubled lender#39;s shares 20% higher.  Moneycontrol Latest News Read More  

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