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World markets themes for the week ahead

LONDON: Following are five big themes likely to dominate thinking of investors and traders in the coming week

A rate hike at the U.S. Federal Reserve's Sept. 25-26 policy meeting is all but certain - taking the rate to 2.00 percent-2.25 percent. And the odds have also increased for a December rise and more bumps up into 2019

Dinner for a princely sum of RM253,000

WHILE it may take years for most people to earn RM253,000, one man had no qualms splurging that amount at a Shanghai restaurant, Nanyang Siang Pau reported.

Chinese getting ready for Mid-Autumn Festival

PETALING JAYA: Lanterns in bright colours and various shapes are popping up in shops, with customers spoilt for choice for Monday’s Mid-Autumn Festival.

Unique designs: Customer Lim Jing Wen taking a closer look at the lanterns being sold at Hewsonix Store Sdn Bhd in PJ Old Town for the Mid-Autumn Festival.

Markets shrug as more shots fired in tariffs war

REVIEW: The confirmation that US President Donald Trump was moving ahead with tariffs on US$200bil of Chinese imports was bound to make waves on the global markets.

Nanny executed for deadly arson

SHANGHAI: A Chinese nanny was executed for setting a fire that killed her employer’s wife and three children, a crime that shocked the country and raised questions over official handling of the blaze.

Treasury Pulse

THE US dollar weakened by 0.62% to close at 93.912, its seven-week low following the improvement in risk appetite in the global markets while Dow Jones and S&P500 closed 2.3% to 26,657 and 1.5% to 2,931.

Oil set for weekly gain on Iran risk while Trump pressures OPEC

OIL headed for a second weekly advance as investors seek clues on whether OPEC will replace Iranian output, while the US president pressures the group to lower prices.

Asian currencies edge up as markets reassess trade war disruptions

BENGALURU: Asian currencies strengthened for the third consecutive day on Friday, supported by a weaker dollar and shifting views over how much damage the Sino-U.S. trade war will inflict on global demand and export-reliant regional economies.

Chinese professor braves storm to reach class on time

Beijing: Wang Ke, a professor from Southeast University in Nanjing, Jiangsu province, won applause online for keeping his promise to students by travelling 737km by taxi in heavy rain brought by Super Typhoon Mangkhut to make it to class on time.

Spycam found in South Korean celebs’ dressing room

SOUTH Korean actress Shin Se-kyung and girl group Apink’s Yoon Bo-mi were shocked to discover a spycam, made to look like a battery charger, in their room while shooting a variety programme, Sin Chew Daily reported.

Peeping Tom victim: Yoon (third from left) was shocked to find the spycam, which was disguised as a battery charger.