Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
Pedro Sanchez’s Wife Ordered to Stand Trial in Spain Corruption Case 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
China's State Administration for Market Regulation ordered tech giant Tencent to relinquish its exclusive music label rights and fined it $77,144 after finding that the firm had violated antitrust laws.
Tencent controls over 80 percent of exclusively held music streaming rights in China after acquiring a majority stake in rival China Music Group in 2016.
Consequently, Tencent gained the ability to urge labels to reach more exclusive copyright agreements or require better trading conditions compared to its competitors, which the SAMR described as an "illegal concentration of business operators."
The biggest players in China's tech sector are now facing increased scrutiny after years of growth due to lax regulation.
Earlier this month, the SAMR blocked a merger between video game live-streaming sites that would have led to Tencent accounting for 80 to 90 percent of the country's domestic market share.
Elsewhere, China's biggest ride-hailing app Didi Chuxing was banned from Chinese stores over data collection concerns, just days after a $4.4 billion New York IPO.
