Aug 1, 2024 | Markets
The share of US small businesses raising compensation dropped in July to the smallest in more than three years, adding to evidence that inflationary pressures stemming from the job market are diminishing. A net 33% of firms said they boosted pay last month, down 5...
Jul 31, 2024 | Markets
Firms added 122,000 jobs in July, lowest since January Pay increases slowed to the smallest pace since 2021 US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. Private...
Jul 31, 2024 | Markets
North Asia region, which includes China, falls by 2.4% Dermatological, consumer units fall short of estimates L’Oréal SA reported sluggish sales growth in the second quarter as the world’s biggest maker of beauty products suffered from weakness in China. Sales rose...
Jul 30, 2024 | Markets
Banks have been buying bonds amid rally, raising PBOC concerns Central bank is poised to sell bonds to limit risk to lenders China’s regional lenders are facing growing risks in the nation’s $4.3 trillion sovereign debt market after an unprecedented bond rally this...
Jul 30, 2024 | Markets
Domestic demand is still sluggish and recovery remains uneven July data adds to evidence of weak growth in China: economists China’s factory activity contracted for a third straight month in July, leaving the economy on a weak trajectory that’s frustrating Beijing’s...
