AFP
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Asian markets fluctuate as focus turns to Trump-Xi, BoJ
Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping. With that in mind, even figures showing a sharp drop in initial jobless claims for last week did little to dampen expectations that rates will continue to be cut.
Netflix seeks 'Money Heist' successor in Spanish hub
In a cavernous studio outside Madrid teeming with TV industry stars, Netflix is blending old knowledge with modern technology to try to concoct a successor to its global hit "Money Heist". Migue Amoedo, visual artistic director of "Billionaires' Bunker", described "Money Heist" as "the turning point of the industry", saying they now had "the recipe" for repeating its success.
Indie studio bets on new game after buying freedom from Sega
French developer Amplitude knows that "every game could be the last" as it prepares a big bet on a new strategy title less than a year after buying its independence back from Sega.
Japan inflation slows in August, rice price surges ease
Inflation in Japan slowed to 2.7 percent in August due partly to government energy subsidies, official data showed Friday, with the cost of rice easing following a huge price spike. Abhijit Surya of Capital Economics said the main factor behind the fall in inflation was "a deepening of energy price deflation... due to the resumption of electricity and gas subsidies".
US regulator sues Ticketmaster over 'illegal' ticket schemes
A top US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant conspired with brokers to inflate concert ticket prices and deceive consumers with hidden fees.
US small businesses slam Trump tariffs as legal fight proceeds
When businessman Travis McMaster shifted more manufacturing of his products out of China, and into India, he had sought to avoid growing tensions between Washington and Beijing. Our business isn't run on a whim, and our country shouldn't (be) either," McMaster, whose firm is based in Washington state, told reporters.
Chip-maker Nvidia takes stake in rival Intel
Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its struggling rival. Nvidia joins Japanese investment giant SoftBank and the US government in backing the once-dominant chipmaker, which has fallen behind in recent years after missing key technology shifts.
Canada, Mexico leaders meet amid US tariff war
Mexico's president will host the leader of Canada for trade talks Thursday as they seek to navigate the tariff war launched by Donald Trump despite the existence of a three-way free-trade agreement.
IMF proposes US Treasury official as second-in-command
The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the Washington-based lender said Thursday. Katz, who is chief of staff at the Treasury Department, was a senior official in the department during Trump's first term as well.
AFP
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