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Asian markets fluctuate as focus turns to Trump-Xi, BoJ
Asian markets fluctuate as focus turns to Trump-Xi, BoJ
by  AFP

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
Netflix seeks 'Money Heist' successor in Spanish hub
by  AFP

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.

Japan inflation slows in August, rice price surges ease
Japan inflation slows in August, rice price surges ease
by  AFP

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 small businesses slam Trump tariffs as legal fight proceeds
US small businesses slam Trump tariffs as legal fight proceeds
by  AFP

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
Chip-maker Nvidia takes stake in rival Intel
by  AFP

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
Canada, Mexico leaders meet amid US tariff war
by  AFP

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.