Business – Page 224 – Freedom 96.9

Asian shares are mixed after US stocks fall back while oil rebounds

Friday, August 7 by SRN News

BANGKOK (AP) - Shares were mixed in Asia on Friday after a modest retreat on Wall Street, while oil prices gained more than 1%. Selling of computer chipmakers and other stocks linked to the boom in artificial intelligence appeared to taper off a bit... Read More.

China’s exports slow slightly in July despite robust demand for high-tech products

Friday, August 7 by SRN News

BANGKOK (AP) - China's exports slowed slightly in July from the month before despite robust demand for high-tech electronics and vehicles. Customs data released Friday showed China's trade surplus narrowed to $112.5 billion from $125.6 billion in June. Exports rose nearly 24% in July from a... Read More.

Analysis-Jobs report will offer fresh test of Fed Chairman Warsh’s less-guidance stance

Friday, August 7 by SRN News

By Karen Brettell Aug 7 (Reuters) - Federal Reserve Chairman Kevin Warsh wants the bond market to take the wheel, contending it should do more of the work of setting the price of money in America. In the seven weeks since his debut policy meeting as... Read More.

Morning Bid: Hoping for a clean and tidy jobs report

Friday, August 7 by SRN News

A look at the day ahead in European and global markets from Stella Qiu Markets are mostly in a holding pattern as traders stayed on the sidelines ahead of the U.S. payrolls report which is getting notoriously difficult to predict month by month. However, the... Read More.

US job growth likely picked up in July; unemployment rate forecast unchanged at 4.2%

Thursday, August 6 by SRN News

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - U.S. job growth likely picked up in July, offering reassurance that the labor market remained resilient and allowing the Federal Reserve to maintain its focus on inflation. The Labor Department's closely watched employment report on Friday is also... Read More.

US likely added nearly 100,000 jobs in July, but market is still tough for young and unemployed

Thursday, August 6 by SRN News

WASHINGTON (AP) - On the face of it, the U.S. job market has looked pretty stable this year. Hiring has been solid - if not exactly spectacular - after a lackluster 2025. But underneath the headline numbers, the job market is sending mixed and confusing... Read More.

Oil rises on concerns over Strait of Hormuz reopening plans

Thursday, August 6 by SRN News

By Helen Clark PERTH, Aug 7 (Reuters) - Oil continued its rise on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those who violated the... Read More.

Asian shares pause for US jobs, oil extends gains on Mideast risk

Thursday, August 6 by SRN News

By Stella Qiu SYDNEY, Aug 7 (Reuters) - Asian shares held their breath on Friday for U.S. jobs data that could prove pivotal for next month's interest-rate decision by the Federal Reserve, while rising oil prices served as a reminder that Middle East tensions remain... Read More.

Dollar drifts higher as traders eye Iran talks ahead of US jobs data

Thursday, August 6 by SRN News

By Kevin Buckland TOKYO, Aug 7 (Reuters) - The dollar drifted higher against the yen and euro on Friday, building on the previous day's gains as doubts about an Iran peace deal buffed the U.S. currency's appeal as a haven. The greenback also drew support from... Read More.

Exclusive-Alibaba plans to charge big users of its next open-source AI model, sources say

Thursday, August 6 by SRN News

By Stephen Nellis and Eduardo Baptista Aug 7 (Reuters) - Chinese technology giant Alibaba plans to ask major users of the next version of its Qwen open-source AI model for a share of revenue they make from the hotly anticipated offering, according to two people... Read More.

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