Business Maverick: Friday, July 5: Five Things You Need to Know to Start Your Day

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Business Maverick: Friday, July 5: Five Things You Need to Know to Start Your Day By Bloomberg

Asian stocks looked set for a muted start to trading with no direction from their U.S. counterparts thanks to the American holiday. The dollar was flat as investors await the key U.S. jobs report Friday. Futures in Japan, Australia and Hong Kong were little changed, as were U.S. contracts. European shares drifted Thursday in a lackluster session marked by thin trading volumes. Treasuries weren’t trading thanks to Independence Day.

With the global outlook turning gloomy, and the Reserve Bank of India having already cut interest rates three times this year, the focus is shifting to the government to play its part. Here’s a guide tois altering the way urban dwellers interact with their living and shopping environments — most notably in China, where convenience can often trump privacy — by using big data and machine learning to help individuals and companies buy, sell and manage real estate.

 

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