Emerging-Market Currencies Fluctuate as Post-Fed Euphoria Dims
(Bloomberg) — Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered. Most Read from Bloomberg The MSCI gauge for developing-market…
Boeing Faces Long Strike as Gig Economy Gives Workers Clout
(Bloomberg) — Around Boeing Co.’s vast aircraft manufacturing hub in Seattle, the great belt tightening has begun as the planemaker and its factory workers settle in for a labor dispute…
Dow Jones Today: Stocks Pull Back After Fed-Fueled Rally; NKE, FDX in Focus
Tech Stocks Hit the Brakes on Fed-Fueled Rally 1 minute ago Tech stocks pulled back in early trading Friday, hitting the brakes on the market’s rally in the wake of the Federal…
Stocks Falter as Euphoria Over Fed Rate Cut Fades: Markets Wrap
(Bloomberg) — US equity futures were modestly lower on Friday as some bad news on earnings tempered the euphoria around the trajectory for interest rates. Most Read from Bloomberg Contracts…
Global equity funds draw big inflows ahead of Fed rate cut
(Reuters) – Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle. According to LSEG…
JetBlue to open its first airport lounges as CEO focuses on getting ‘back to profitability’
For the first time ever, JetBlue (JBLU) is introducing lounges at New York City's JFK Airport and Boston's Logan International Airport as part of the company’s strategy to capture premium…
New Zealand PM Expects Citizen Exodus to Slow as Economy Revives
(Bloomberg) — New Zealand Prime Minister Christopher Luxon expects fewer citizens will leave the country as interest rates fall and the economy begins to recover from a prolonged slump. Most…
Artificial Intelligence and Intellectual Property Legal Frameworks in the Asia-Pacific Region
Globally, governments are grappling with the emergence of artificial intelligence (“AI”). AI technologies introduce exciting new opportunities but also bring challenges for regulators and companies across all industries. In the…
Oil Heads for Biggest Weekly Gain Since February After Fed Cut
(Bloomberg) — Oil was on track for the biggest weekly advance since February after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in…
Oil prices set to end week higher after US rate cut
SINGAPORE (Reuters) – Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut…