Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 35,600 in November from October, when they increased by a revised 12,200. That was above market forecasts for a 25,000 rise, while annual jobs growth slowed just a little to 2.4%.
The jobless rate dropped to 3.9%, from 4.1%, confounding analysts who had looked for a rise to 4.2%. The participation rate edged down to 67.0%, from 67.1%, while hours worked were flat.
The AUD/USD pair jumped 0.7% to $0.6411, rebounding sharply from its weakest levels since November 2023. The spike in the currency came after labor data for November showed a stronger-than-expected…
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TOKYO (Reuters) – The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a rise in U.S. Treasury yields…
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SEOUL (Reuters) – From plastic surgery clinics to tour firms and hotel chains, South Korea’s hospitality sector is wary of the potential impact of a protracted political crisis, as some…
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These sales were executed under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell company stock. The plan was adopted on March 15,…
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These transactions reflect ongoing portfolio management by Zuckerberg, who continues to hold substantial influence over Meta Platforms through various trusts and holdings. The company trades at a P/E ratio of…
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WASHINGTON (Reuters) – Two senior members of Taiwan’s government are in the United States to meet people connected to President-elect Donald Trump’s transition team, five sources told Reuters, in an…
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