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Multi-speed inflation poses an ECB dilemma

  The European Central Bank has spent the last few years battling the threat of deflation with a combination of negative interest rates and a bond-buying splurge. There’s now enough evidence to suggest ECB President Mario Draghi should at last acknowledge that inflation has returned. But even if he does, the fissures underlying the euro zone economy will prevent the ...

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Line needs more globalization

  One of the reasons for Line Corp. to list its shares in both Tokyo and New York was to broaden its international scope. It’s not working. The social-networking company’s fourth-quarter operating profit missed analysts’ estimates by 70 percent, with many pointing to declines in gaming and digital content revenue. But there’s an even deeper reason for the disappointment. Investors ...

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Even three scorching years don’t make a trend

  The planet has broken global heat records for three years in a row — a finding that, paradoxically, may raise public concern about global warming, but won’t change long-term climate forecasts. First, the good news: Scientists say the run of record-breaking temperatures doesn’t mean that we should expect every year to be relentlessly hotter than the last. From year ...

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