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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Disney TV chief Walden steers company to historic Emmy gains
The Emmy Awards, the highest honors in television, had evolved into an annual
battle for bragging rights between two prestige-TV powerhouses - HBO and Netflix
(NASDAQ:NFLX). This year, Walt Disney (NYSE:DIS) is the company expected to land
on top.
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Futures inch higher as traders raise bets on bigger Fed rate cut
U.S. stock index futures were marginally higher on Friday as investors
reevaluated the possibility of a bigger interest rate cut by the Federal Reserve
next week, while Boeing (NYSE:BA) fell after the planemaker's factory workers
went on strike.
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Exclusive-India probe finds Amazon, Walmart's Flipkart breached antitrust laws
An Indian antitrust investigation has found U.S. e-commerce giant Amazon
(NASDAQ:AMZN) and Walmart (NYSE:WMT)'s Flipkart violated local competition laws
by giving preference to select sellers on their shopping websites, according to
reports seen by Reuters.
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Asia FX firms with yen near 8-mth high; dollar down on rate cut bets
Asian currencies firmed on Friday, while the dollar retreated as markets bet
that the Federal Reserve will kick off an easing cycle from next week, with
focus squarely on the scale of a potential interest rate cut.
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Bitcoin price today: down to $57k amid few positive cues, rate cut speculation
Bitcoin’s price fell on Friday amid a dearth of any major positive cues for
crypto assets, although losses in the token were limited by persistent
speculation over lower U.S. interest rates.
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Asian stocks drift higher amid rate cut speculation; Japan lags
Most Asian stocks rose on Friday as focus turned to the Federal Reserve’s first
potential interest rate cut in over four years, with Hong Kong markets leading
gains on bargain buying into local technology heavyweights.
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