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Asian markets mixed after Wall Street records
Asian markets mixed after Wall Street records
by  AFP

Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe. If the Fed does cut rates in September, he added, China's central bank could follow suit.

South Korea Samsung union declares 'indefinite' strike
South Korea Samsung union declares 'indefinite' strike
by  AFP

A union representing tens of thousands of workers at Samsung Electronics in South Korea said Wednesday it would extend a three-day strike indefinitely in a bid to force management to negotiate. "(We) declare a second indefinite general strike from July 10, after learning that the management has no willingness to talk," the National Samsung Electronics Union said in a statement.

Music catalog fund Hipgnosis sold to Blackstone
Music catalog fund Hipgnosis sold to Blackstone
by  AFP

Shareholders of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a $1.6 billion takeover from US private equity firm Blackstone, filings showed Tuesday.

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