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Asia Stocks Struggle As Fed Tightening Fears Flare
Asian stock markets attempted a comeback from big early losses on Wednesday, although most major markets were still in the red as investors worried about further aggressive monetary tightening following blowout US labour data.
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Inflation, Labour Shortages To Delay Business Travel Spending Recovery: Report
A recovery in global business travel spending to pre-pandemic levels is likely to be delayed by 18 months to 2026 because of factors like persistent inflation, high energy prices, labour shortages and lockdowns in China, a new industry forecast shows.
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This Is The Best City For Work-Life Balance, A Study Says
Kisi studied 51 metro areas and 49 major global cities across more than 130 data points - such as rates of overwork, access to health care, and safety metrics to gauge the work intensity, rights and the well-being of inhabitants.
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Crypto Crash to Have Little Impact on US Household Wealth, Claims Goldman Sachs
The global cryptocurrency market lost more than $300 billion (roughly Rs. 23,26,265 crore) last week and nearly $1.7 trillion (roughly Rs. 1,31,86,352 crore) in the past seven months. But the impact on US household wealth, spending, and labour supply are likely to be limited, according to Goldman Sachs.
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At 6.4%, US Economy Accelerates With Fiscal Stimulus, Labour Market Recovers
Gross domestic product (GDP) increased at a 6.4 per cent annualized rate last quarter, the government said in its advance estimate for the first three months of the year.
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US Job Openings Indicate Slow Labour Market Recovery
US job openings: Labor-market recovery slows as job openings were up 84,000 to 6.4 million on the last day of September. Vacancies remained below their 7 million level in February.
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Maharashtra Day Holiday: Financial Markets Shut Today, Trading To Resume On Monday
Maharashtra Day 2020: Trading in the equity, debt, forex and commodity markets will resume on Monday, May 4. The recent recovery in global markets was in tandem with global markets, where investors remained optimistic about the development of treatment for COVID-19, which has pushed world business into a standstill.
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COVID-19 Causes Stir In Global Tea Markets, China, India Hit
The coronavirus outbreak is causing a rare stir in the usually staid global tea market, with labour lockdowns stifling supplies just as millions in lockdown drive up demand for the beverage known for its immunity-boosting properties.
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Dow Closes Down Nearly 1,200 Points After Plunging More Than 1,500 Points In Trading
The Dow Jones industrial average plunged 1,175 points Monday in an exceptionally volatile day for financial markets around the world, stirring concerns about the durability of the long-running stock gains.
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Fed Raises Rates, Unveils Balance Sheet Cuts In Sign Of Confidence
Yellen indicated the Fed still remained confident inflation would rise to its target over the medium term, bolstered by what she described as a robust labour market that is continuing to strengthen.
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For Every 100 Jobs, There Are Only 67 Candidates In Japan
This country now has 1.48 jobs for every applicant, up from 1.45 in March.
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Online Labour Fast Replacing Traditional Desk Jobs: Report
On-demand labour platforms and online work-management solutions are surging globally and leading companies are dissolving traditional hierarchies and replacing them with online talent marketplaces, a new report said on Thursday.
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US Jobless Claims Hit 43-Year Low As Labour Market Tightens
Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 235,000 for the week ended November 12, the lowest level since November 1973, the Labor Department said.
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US Inflation, Labour Market Data Bolster Fed December Rate Hike Prospects
Prospects for a rate hike next month also got a boost from other data on Thursday showing first-time applications for unemployment benefits tumbling to a 43-year low last week and housing starts surging to a nine-year high in October.
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US Jobless Claims Rise, Layoffs Hit Five-Month Low
It was the 87th straight week that claims remained below 300,000, a threshold associated with a healthy labour market.
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Asia Stocks Struggle As Fed Tightening Fears Flare
Asian stock markets attempted a comeback from big early losses on Wednesday, although most major markets were still in the red as investors worried about further aggressive monetary tightening following blowout US labour data.
-
Inflation, Labour Shortages To Delay Business Travel Spending Recovery: Report
A recovery in global business travel spending to pre-pandemic levels is likely to be delayed by 18 months to 2026 because of factors like persistent inflation, high energy prices, labour shortages and lockdowns in China, a new industry forecast shows.
-
This Is The Best City For Work-Life Balance, A Study Says
Kisi studied 51 metro areas and 49 major global cities across more than 130 data points - such as rates of overwork, access to health care, and safety metrics to gauge the work intensity, rights and the well-being of inhabitants.
-
Crypto Crash to Have Little Impact on US Household Wealth, Claims Goldman Sachs
The global cryptocurrency market lost more than $300 billion (roughly Rs. 23,26,265 crore) last week and nearly $1.7 trillion (roughly Rs. 1,31,86,352 crore) in the past seven months. But the impact on US household wealth, spending, and labour supply are likely to be limited, according to Goldman Sachs.
-
At 6.4%, US Economy Accelerates With Fiscal Stimulus, Labour Market Recovers
Gross domestic product (GDP) increased at a 6.4 per cent annualized rate last quarter, the government said in its advance estimate for the first three months of the year.
-
US Job Openings Indicate Slow Labour Market Recovery
US job openings: Labor-market recovery slows as job openings were up 84,000 to 6.4 million on the last day of September. Vacancies remained below their 7 million level in February.
-
Maharashtra Day Holiday: Financial Markets Shut Today, Trading To Resume On Monday
Maharashtra Day 2020: Trading in the equity, debt, forex and commodity markets will resume on Monday, May 4. The recent recovery in global markets was in tandem with global markets, where investors remained optimistic about the development of treatment for COVID-19, which has pushed world business into a standstill.
-
COVID-19 Causes Stir In Global Tea Markets, China, India Hit
The coronavirus outbreak is causing a rare stir in the usually staid global tea market, with labour lockdowns stifling supplies just as millions in lockdown drive up demand for the beverage known for its immunity-boosting properties.
-
Dow Closes Down Nearly 1,200 Points After Plunging More Than 1,500 Points In Trading
The Dow Jones industrial average plunged 1,175 points Monday in an exceptionally volatile day for financial markets around the world, stirring concerns about the durability of the long-running stock gains.
-
Fed Raises Rates, Unveils Balance Sheet Cuts In Sign Of Confidence
Yellen indicated the Fed still remained confident inflation would rise to its target over the medium term, bolstered by what she described as a robust labour market that is continuing to strengthen.
-
For Every 100 Jobs, There Are Only 67 Candidates In Japan
This country now has 1.48 jobs for every applicant, up from 1.45 in March.
-
Online Labour Fast Replacing Traditional Desk Jobs: Report
On-demand labour platforms and online work-management solutions are surging globally and leading companies are dissolving traditional hierarchies and replacing them with online talent marketplaces, a new report said on Thursday.
-
US Jobless Claims Hit 43-Year Low As Labour Market Tightens
Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 235,000 for the week ended November 12, the lowest level since November 1973, the Labor Department said.
-
US Inflation, Labour Market Data Bolster Fed December Rate Hike Prospects
Prospects for a rate hike next month also got a boost from other data on Thursday showing first-time applications for unemployment benefits tumbling to a 43-year low last week and housing starts surging to a nine-year high in October.
-
US Jobless Claims Rise, Layoffs Hit Five-Month Low
It was the 87th straight week that claims remained below 300,000, a threshold associated with a healthy labour market.
