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Asian markets swing as US inflation spike leaves mixed feelings
Asian markets swing as US inflation spike leaves mixed feelings
by  AFP

Asian markets fluctuated Thursday as another forecast-busting US inflation print ramped up bets on a quick series of sharp interest rate hikes that traders hope can be quickly walked back once prices are brought under control. "But early signs of easing inflation pressure give some hope of an end to dramatic interest rate hikes and stronger financial markets by Christmas."

Netflix partners with Microsoft to offer cheaper streaming plan
Netflix partners with Microsoft to offer cheaper streaming plan
by  AFP

Netflix will work with Microsoft to launch a cheaper subscription plan that includes advertisements, the firms said Wednesday, as the streaming giant fights to attract customers. The streaming giant reacted by announcing the arrival of advertising on the service, with the aim to finance the investments necessary to maintain its position as leader in the industry that it launched.

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