Investing.com-- Australia’s ASX 200 stock benchmark soared to a record high on Friday, boosted chiefly by growing bets that the Reserve Bank of Australia will cut interest rates further amid signs of weakness in the economy. The ASX 200 rose more than 1% to a record high of 8,745.20 points, extending gains from the prior session. Gains were largely broad-based, with the country’s he ...
By Mike Scarcella and Jody Godoy (Reuters) -A federal judge on Thursday ruled the firing of U.S. Federal Trade Commission member Rebecca Kelly Slaughter by President Donald Trump earlier this year was illegal. U.S. District Judge Loren AliKhan said the Trump administration’s attempt to remove Slaughter did not comply with removal protections in federal law. “Because those protections remain co ...
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -The final season of global phenomenon "Squid Game" helped Netflix (NASDAQ:NFLX) beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year. Some investors had hoped for more from the dominant movie and TV streaming service, analysts said. Netflix shares had risen nearly 44 ...
Investing.com-- Asian battery and graphite-related stocks soared on Friday after the U.S. Commerce Department announced preliminary anti-dumping duties of 93.5% on anode-grade graphite imports from China, a key feedstock for electric vehicle batteries. The expected tariffs, aimed at countering subsidised Chinese exports, underpin a shift towards non-Chinese graphite producers and boost pricing pow ...