Jun 11, 2024 | Markets
South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three years, a weak outcome that may support the case for authorities to consider adjusting policy. The number of new jobs increased by 80,000 in...
Jun 11, 2024 | Markets
Banks selling quality assets first to avoid big losses: Murray Pimco has been amassing property portfolios for 18 months Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real...
Jun 11, 2024 | Markets
Indexes in mainland China, Hong Kong among top losers in Asia Weak travel spending data, geopolitical risks hurt sentiment Chinese stocks dropped after traders returned from a long weekend as a slew of negative developments weighed on sentiment. The CSI 300 Index of...
Jun 9, 2024 | Markets
Inventories revised to show slightly bigger contribution Net exports tweaked a tad to reflect larger drag on growth Japan’s economy showed scant sign of a clear recovery with its narrower-than-first-estimated contraction leaving plenty of reason for continued caution...
Jun 9, 2024 | Markets
Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...
