 | | | | Investors dumped U.S. bond funds in the week to Aug 24 as they waited to hear a speech by Federal Reserve Chair Jerome Powell later on Friday which will be scrutinised for clues on the pace of forthcoming interest rate hikes. | | | | | | U.S. stock index futures slipped on Friday as investors worried about hawkish signals from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium amid fears of slowing economic growth. | | | | | | Shares of Affirm Holdings Inc tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall Street estimates, underscoring the broader downturn in the fortunes of the once high-flying fintech sector. | | | | | | Former chief executive of textile giant Inditex, Pablo Isla, has started his own film production company, saying in a statement on Friday that he hoped to use his "deep passion for film" and business experience to advance Spain's movie industry. | | | | | | Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns that rate hikes would lead to a recession. | | | | | | Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Friday said it signed a framework agreement for a 12-inch foundry production line in Tianjin with registered capital of $5 billion and planned investment of $7.5 billion. | | | | | | Consumer morale in the euro zone's two biggest economies diverged starkly in August as French consumers benefited from fresh government measures while concerns over rising energy bills hit their German counterparts, surveys showed on Friday. | | | | | | Capital A Bhd , parent of Malaysian budget airline AirAsia, on Friday reported a narrower second-quarter operating loss, as travel demand in Southeast Asia began to rebound after pandemic-related rules eased. | | | | | | Macau has fixed a limit of 6,000 gaming tables and 12,000 gaming machines for new casino operators early next year, as well as minimum income levels for each operator, the government in the world's biggest gambling hub said on Friday. | | | | | | A look at the day ahead in U.S. and global markets from Mike Dolan. | | | | | |
