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Friday, July 27, 2018

Asian shares mostly higher, defying Facebook-led tech slump


Asian shares mostly higher, defying Facebook-led tech slump



Asian shares were mostly higher Friday as investors shrugged off Facebook's nearly $120 billion overnight plunge in market value, the biggest-ever one-day loss in dollar value for a U.S. company.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf