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Asian shares fall as Apple’s price hikes dents tech optimism

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  By Stella Qiu SYDNEY, June 26 (Reuters) – Asian shares eased from record highs on Friday as hefty price hikes from Apple showed the downside of the boom in chip demand, while only the threat of Japanese intervention kept the yen from hitting 40-year lows. Brent...

Oil edges lower amid resumption of strait shipments even as vessel hit near Oman

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  By Sam Li and Lewis Jackson BEIJING, June 26 (Reuters) – Oil prices fell on Friday morning and are heading for steep weekly losses amid easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even though a cargo vessel was hit near Oman on...

Always-on won: dealers fret about risks in landmark shift to 24-hour trading

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  By Cynthia Kim and Yena Park SEOUL, June 26 (Reuters) – Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won’s dramatic tailspin after South...

Former executive sues Meta over attempts to ‘silence’ her memoir, ‘Careless People’

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  A former Meta executive whose memoir, “Careless People,” provides an explosive insider account of her time at the social media giant, has sued the company for attempting to “silence” her. The lawsuit, filed Thursday in federal court in Northern California, claims...

FedEx Freight forecasts up to 6% revenue growth for rest of 2026

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  June 25 (Reuters) – FedEx Freight said on Thursday it expects revenue for the seven months to December 31 to rise 4% to 6% and adjusted operating income to grow between 0.8% and 7.5%, weeks after completing its separation from parent FedEx Corp. Memphis-based FedEx...

Trading Day: Tech outlook is cloudy

by lisa@patrickmarketingny.com | Jun 25, 2026 | Business News

  By Jamie McGeever ORLANDO, Florida, June 25 (Reuters) – It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap...
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