by | Sep 6, 2024 | Business News
TOKYO (AP) — Asian shares traded mixed Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal Reserve will move on interest rates. Trading was cautious in Asia amid lingering worries about a possible recession in the... by | Sep 6, 2024 | Business News
WASHINGTON (AP) — Friday’s monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve. If it shows that hiring was weak in August and that the unemployment rate rose — similar to the unexpectedly soft figures for July — it would... by | Sep 5, 2024 | Business News
By Stella Qiu SYDNEY (Reuters) – Asian shares clung to tight ranges and the dollar nursed losses on Friday, with investors on tenterhooks ahead of U.S. jobs data that could decide the size and speed of coming rate cuts in the world’s largest economy. As of now, oil... by | Sep 5, 2024 | Business News
HONG KONG (Reuters) – The merger of two state-backed brokerages in China to create a sector leader with $230 billion in assets is part of Beijing’s drive to consolidate the $1.7-trillion industry amid challenging markets, and the move is set to gather pace, analysts... by | Sep 5, 2024 | Business News
By Mariko Katsumura and Scott Murdoch TOKYO (Reuters) -Japanese retail giant Seven & i Holdings said on Friday it had rejected Canada’s Alimentation Couche-Tard’s $38.5 billion cash bid for the company because the proposal was not in the interest of... by | Sep 5, 2024 | Business News
By Nicole Jao (Reuters) – Oil prices edged up in early trading on Friday as investors weighed a big withdrawal from U.S. crude inventories and a delay to production hikes by OPEC+ producers against mixed U.S. employment data. Brent crude futures rose 19 cents, or...
