Deeper into digital: The deal is a boost for the Washington Post as it looks to branch out from its core news business against a backdrop of falling advertising revenue for traditional media. Pictured is Bezos.
MarketWatch: Wall Street ended lower on Wednesday after a late-afternoon reversal following signals from the Federal Reserve that it could change its bond investment policy this year, quenching a rally sparked by a strong private-sector jobs report. The DJIA ended down 41.09 points, or 0.2%, at 20,648.15, the S&P 500 lost 7.21 points, or 0.31%t, to 2,352.95 and the Nasdaq dropped 34.13 points, or 0.58%, to 5,864.48..- Reuters
Energy
Oil prices settled a shade firmer on Wednesday, easing from one-month highs, as support from an outage at the largest UK North Sea oilfield was offset by a surprise increase in US crude inventories to a record high limited price gains. Brent futures ended the session up 19 cents, or 0.4%, at US$54.36 a barrel after earlier touching US$55.09, last traded on March 8. - Reuters
Forex summary
*The ringgit lost 0.09% to 4.4348 per US$
*It lost 0.15% to 4.7354 versus euro
*Down 0.26% to 5.5369 per pound sterling
*Down 0.01% to 3.1647 per Singapore dollar
*0.32% higher to 3.3431 per Aussie
*0.35% lower to 4.0163 per 100 yen
Limited time offer:
Just RM5 per month.
