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Asian markets struggle as traders prepare for higher rates
Asian markets struggle as traders prepare for higher rates
by  AFP

Asian markets were mixed Monday as investors contemplated the possibility the Federal Reserve will hike interest rates again and keep them at three-decade highs as officials struggle to contain inflation. And Asia struggled in early exchanges Monday, with Hong Kong off more than one percent while Shanghai, Sydney, Seoul, Wellington, Singapore and Jakarta were also lower.

Hollywood writers, studios reach tentative deal to end strike
Hollywood writers, studios reach tentative deal to end strike
by  AFP

Striking writers whose industrial action has brought Hollywood to a standstill said Sunday they had reached a deal with studios that could see them go back to work. They have manned picket lines for months outside offices including Netflix and Disney, and -- after they were joined by striking actors in mid-July -- have brought the US entertainment industry to a costly standstill.

EU businesses 'questioning their position' in China: trade commissioner
EU businesses 'questioning their position' in China: trade commissioner
by  AFP

European businesses in China are increasingly questioning their positions in the face of tough new security laws and a politicisation of trade, an EU commissioner warned in Beijing on Monday. Speaking in Beijing on Monday, Dombrovskis insisted China remained an attractive investment opportunity for European businesses.

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