economy

US may have seen massive rehiring in May despite labor troubles

by Chris Stein WASHINGTON, United States (AFP) -- The key US government jobs report Friday is expected to show American…

Most Asian markets up ahead of US jobs but Fed taper talk builds

HONG KONG, China (AFP) -- Most Asian markets rose Thursday, with focus on the upcoming release of key US jobs…

Asian markets mixed as traders await fresh catalysts

HONG KONG, China (AFP) -- Asian investors on Monday struggled to build on last week's gains as profit-takers stepped in…

Asian markets extend gains as recovery gathers pace

HONG KONG, China (AFP) -- Asian markets rose again Friday, putting them on course to end an upbeat week on…

In US, 2.5 million unemployed soon to be without income

WASHINGTON, United States (AFP) -- States across America are moving to cut pandemic unemployment benefits, a painful blow for millions…

UK unemployment dips, aided by Covid furlough scheme

LONDON, United Kingdom (AFP) -- British unemployment dipped to 4.8 percent in the first quarter, official data showed Tuesday, helped…

Thai economy shrinks 2.6% in first quarter

BANGKOK, Thailand (AFP) -- Thailand's economy shrank in the first quarter, official data showed Monday, as it was battered by…

Asian markets mixed as traders weigh recovery and new infections

HONG KONG, China (AFP) -- Asian markets were mixed Monday as optimism about the global recovery was offset by concerns…

Asian markets suffer further as inflation data looms

HONG KONG, China (AFP) -- Fears about surging inflation continued to trouble Asian markets Wednesday, with investors nervously awaiting crucial…

UK economy shrank 1.5% in first quarter: official data

LONDON, United Kingdom (AFP) -- Britain's economy contracted by 1.5 percent in the first quarter as the country suffered a…

New US jobless claims plunged 92,000 last week: govt

WASHINGTON, United States (AFP) -- Americans filed 92,000 fewer applications for unemployment aid last week, the government reported Thursday, in…

Indonesia economy shrinks for fourth straight quarter

  JAKARTA, Indonesia (AFP) -- Indonesia's economy shrank for the fourth consecutive quarter in January-March, data showed Wednesday, as the…

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