Business – Page 40 – Freedom 96.9

Exclusive-Japan’s government blueprint nudges BOJ to fuel demand, clouding rates path

Thursday, June 25 by SRN News

By Takaya Yamaguchi and Leika Kihara TOKYO, June 25 (Reuters) - Japan's government will call for monetary policy that bolsters private demand, a draft of its long-term economic blueprint seen by Reuters showed, signalling a preference for keeping borrowing costs low and setting up potential... Read More.

Snap sued over rape of minor who connected to adult attacker on Snapchat

Thursday, June 25 by SRN News

The parents of a girl who was raped when she was 12 years old by an adult stranger she met on Snapchat have sued its parent company, Snap, and the attacker in Missouri state court. The lawsuit filed Wednesday claims the social media company... Read More.

Asian stocks surge as Micron earnings ease AI fears

Thursday, June 25 by SRN News

By Ankur Banerjee SINGAPORE, June 25 (Reuters) - Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs. Tech-heavy markets in Japan... Read More.

Dollar rides high on Fed rate-hike bets

Thursday, June 25 by SRN News

By Tom Westbrook SINGAPORE, June 25 (Reuters) - A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost a year on Thursday, as traders bet on a strong U.S. economy propping up short-term interest rates and waited... Read More.

Australia employment rebounds in May, jury still out on another rate hike

Thursday, June 25 by SRN News

By Stella Qiu SYDNEY, June 25 (Reuters) - Australian employment rebounded in May while the jobless rate ticked lower as expected, data showed on Thursday, a sign of resilience that could support a further lift in interest rates if needed to tame inflation. Separate data... Read More.

Americans are inundated with suspected scams. New polling shows why few victims report them

Wednesday, June 24 by SRN News

WASHINGTON (AP) - Most Americans are inundated with scam attempts on a daily basis - and about 3 in 10 have personally lost money or personal information to scams, according to a new AP-NORC survey. The poll, conducted by The Associated Press-NORC Center for Public... Read More.

Fortescue becomes latest Australian miner to face sexual harassment class action suit

Wednesday, June 24 by SRN News

By Melanie Burton MELBOURNE, June 25 (Reuters) - Australia's Fortescue, the world's fourth-largest iron ore miner, was hit on Thursday with a class action lawsuit alleging the widespread sexual harassment of women at its remote mining sites. The suit was filed by law firm JGA Saddler,... Read More.

NY Fed official plays down new FOMC language on ample reserves system

Wednesday, June 24 by SRN News

By Michael S. Derby JERSEY CITY, New Jersey, June 24 (Reuters) - A Federal Reserve Bank of New York official involved in implementing monetary policy cautioned on Wednesday against reading too much into language in last week's Federal Open Market Committee meeting that addressed how... Read More.

Brazil’s Braskem to file protective injunction against creditors on Wednesday, Valor reports

Wednesday, June 24 by SRN News

SAO PAULO, June 24 (Reuters) - Brazil's petrochemical firm Braskem is expected to file a protective injunction against its creditors' claims on Wednesday, local newspaper Valor Economico reported, citing unnamed sources. A source told Valor the intention is to seek, after obtaining protection, support from... Read More.

Former Tricolor COO pleads guilty to fraud linked to bankrupt auto lender’s collapse

Wednesday, June 24 by SRN News

By Jonathan Stempel NEW YORK, June 24 (Reuters) - The former chief operating officer at Tricolor Holdings pleaded guilty on Wednesday to fraud and conspiracy charges in connection with the now-bankrupt subprime auto lender's collapse. David Goodgame entered his plea before U.S. District Judge Kevin Castel... Read More.

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