Sony Music to become top shareholder of GungHo to fill out game lineup
We haven't written up this one. Nikkei Asia has the full story — the link below goes straight to it.
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Australian Dollar retreats from highs as Warsh’s hawkish message lifts US Dollar
AUD/USD retreats 0.30% on Friday to trade around 0.7170 at the time of writing, correcting after reaching its highest level since mid-May at 0.7206 earlier in the day.
Rate hikes may be coming amid inflation, new U.S. Fed chief signals
Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates soon to bring it down.
Mozambique: Wage Costs in Public Administration Fall 3.9 Percent
[AIM] Maputo -- Mozambican State expenditure on wages and other types of remuneration fell 3.9 percent in the first half of the year to 107.2 billion meticais (1.6 billion US dollars at the current…
Bitcoin Miner IREN Shares Fall as AI Conversion Costs Mount
AI cloud revenue topped Bitcoin mining for the first time as IREN accelerated its data center conversion.
Where Will Netflix Stock Be in 5 Years?
Key PointsNetflix looks more like a steady long-term compounder than a high-risk ticker.
Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a path going forward.