Oil prices slip as robust supply outweighs Fed cut

Oil prices slip as robust supply outweighs Fed cut

[HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve would trigger more consumption. Brent crude futures settled at US$66.68 a barrel, down US$0.76 or 1.1 per cent. US West Texas Intermediate futures finished at US$62.68,…

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‘Andor’ Writer Dan Gilroy On Disney Suspending Jimmy Kimmel & Hollywood Facing “Venomous Evil”: “This Isn’t A Skirmish. It’s A Siege” – Guest Column

‘Andor’ Writer Dan Gilroy On Disney Suspending Jimmy Kimmel & Hollywood Facing “Venomous Evil”: “This Isn’t A Skirmish. It’s A Siege” – Guest Column

Editor’s note: Andor writer Dan Gilroy won his first Emmy for the Season 2 episode titled “Welcome to the Rebellion,” which featured Mon Mothma’s anti-fascism speech to the Senate [watch it below]. His Disney+ series was front of mind Thursday at Disney HQ in Burbank where the Writers Guild and more were protesting the company’s decision…

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What the BOJ unwinding its ETF holdings means for Japan

What the BOJ unwinding its ETF holdings means for Japan

THE Bank of Japan (BOJ) plans to start unwinding its exchange-traded fund (ETF) holdings, in a process that could take more than a century to complete. As at mid-September, the BOJ held about 79.5 trillion yen (S$690.5 billion) of ETFs by market value, and had around 43.8 trillion yen of unrealised gains, according to calculations…

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Florida Medical Examiner Says Man Who Died After Roller Coaster Ride At Universal’s Epic Universe Suffered Blunt Impact Injuries – Update

Florida Medical Examiner Says Man Who Died After Roller Coaster Ride At Universal’s Epic Universe Suffered Blunt Impact Injuries – Update

UPDATE: The man who died following a roller coaster ride at Universal’s Epic Universe amusement park in Orlando had suffered multiple blunt impact injuries, according to Orlando medical examiner Joshua Stephany. Stephany ruled the death of Kevin Rodriguez Zavala, 32, of Kissimmee, Florida, an accident after performing an autopsy. No additional details on the death…

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US: Wall St opens higher after rally, FedEx gains

US: Wall St opens higher after rally, FedEx gains

[NEW YORK] Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as the parcel delivery firm posted upbeat quarterly results. The Dow Jones Industrial Average rose 68.7 points, or 0.15 per cent, at the open to 46,211.16. The S&P 500 rose 15.1…

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Brett James, Grammy Award-Winning Songwriter, Dead After Plane Crash

Brett James, Grammy Award-Winning Songwriter, Dead After Plane Crash

The music community is mourning a pivotal artist. Brett James—a songwriter responsible for “Jesus, Take the Wheel”—has died in a plane crash in North Carolina on Sept. 18, authorities confirmed to NBC News. He was 57. North Carolina State Highway Patrol reported to a crash site near the town of Franklin, the organization told NBC…

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Singapore reviewing short seller claim against India’s Vedanta

Singapore reviewing short seller claim against India’s Vedanta

The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter [LONDON] The Singapore Police Force (SPF) is reviewing a complaint by short seller Viceroy Research that natural resources conglomerate Vedanta improperly funded its 2024 dividend, documents viewed by Reuters show. Vedanta told Reuters it had paid…

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Philippines central bank tightens rules on large cash withdrawals amid graft crackdown

Philippines central bank tightens rules on large cash withdrawals amid graft crackdown

The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects [MANILA] The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct “enhanced due diligence” for transactions exceeding 500,000 pesos (S$11,232) in an effort to curb money laundering. The new rule comes amid a government-led anti-corruption crackdown on…

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Thai central bank intervenes to slow currency moves

Thai central bank intervenes to slow currency moves

The currency’s strength relative to regional peers is seen as a threat to exports and tourism [BANGKOK] Thailand’s central bank has intervened to slow the Thai currency’s movement, an assistant governor said on Friday (Sep 19) after the baht rose to its strongest levels in four years, threatening the country’s struggling economy. “The central bank…

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