Apple’s iPhone 16 will put AI features in focus
By Kenrick Cai SAN FRANCISCO (Reuters) – Apple (NASDAQ:AAPL) on Monday is set to unveil its iPhone 16 lineup, focusing on how its flagship device’s features have been infused with…
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Israel budget deficit widens further amid war to 8.3% of GDP in August
JERUSALEM (Reuters) – Israel posted a budget deficit of 12.1 billion shekels ($3.24 billion) in August, the Finance Ministry said on Monday, citing high expenses to finance the war with…
Taiwan exports hit record in August on AI, U.S. reaches record again
TAIPEI (Reuters) – Taiwan’s exports rose more than expected in August to an all-time monthly high of nearly $44 billion, as growing demand for chips to supply the burgeoning Artificial…
Fed seen cutting rates by 25 basis points at each of next five meetings – BofA
Investing.com — The Federal Reserve is expected to cut interest by 25 basis points at each of its next five meetings following a softer-than-anticipated August jobs report released last week, according…
Euro zone investor morale slips again in September amid economic weakness
(Reuters) – Investor morale in the euro zone fell for a third consecutive month in September, a survey showed on Monday, dropping to its lowest level since January amid dissatisfaction…
Hedge funds flock to Japan as market heats up
By Summer Zhen HONG KONG (Reuters) – Japan has emerged as a standout in Asia’s subdued $400 billion hedge fund sector, drawing fund launches while other regions suffer closures in…
London’s FTSE 100 rebounds amid broad gains; Entain soars after upbeat forecast
(Reuters) – London’s FTSE 100 rebounded from six sessions of declines on Monday, amid broader gains led by travel and leisure stocks after an upbeat forecast from gambling group Entain,…
Thailand to distribute first $4.2 billion of handout scheme starting this month
BANGKOK (Reuters) – Thailand will distribute 145 billion baht ($4.2 billion) of its “digital wallet” handout programme earlier than scheduled to support vulnerable groups, a deputy finance minister said on…
Fed projected to cut interest rates by 125 bps over rest of 2024 – Citi
Investing.com — The Federal Reserve could react to the latest nonfarm payrolls figures by rolling out 125 basis points in cut at its three remaining monetary policy gatherings this year, according…
Futures higher, potential Fed rate cut size in focus – what’s moving markets
Investing.com — Stock futures on Wall Street edge higher on Monday, as debate swirls around the scale and speed of potential Federal Reserve interest rate cuts following a weaker-than-anticipated jobs report.…