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Markets extend global rally after 'Goldilocks' US jobs data
Markets extend global rally after 'Goldilocks' US jobs data
Business and Economy
by  AFP

Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month. The crude market has come under pressure in recent months on concerns that a year of rate hikes by central banks would spark recessions and hit demand, while China's post-zero-Covid rally has run out of steam.

Apple mixed-reality headset to take aim at the metaverse
Apple mixed-reality headset to take aim at the metaverse
Business and Economy
by  AFP

Apple on Monday is expected to show off pricy mixed-reality headgear at its annual Worldwide Developers Conference, challenging Facebook-owner Meta in a market that has yet to sizzle. "It wants to get its device into the hands of early adopters and developers, who will start to build a (mixed reality) ecosystem around Apple software."

Snowden leaks at 10 years: more data more controls
Snowden leaks at 10 years: more data more controls
Business and Economy
by  AFP

In 2013 US intelligence contractor Edward Snowden stunned the world with revelations that the massive US spy apparatus was secretly sucking up communications and private data on people around the world, from the lowest social media poster to the phone calls of German chancellor Angela Merkel.