TOKYO (Reuters) – Japan’s jobless rate in January rose to 2.5%, from 2.4% in December, government data showed on Tuesday. Economists’ median forecast was for 2.4%. The jobs-to-applicants ratio edged up to 1.26 in January from 1.25 in December. The median forecast was 1.25. (Reporting by Kentaro Sugiyama, Editing by Chang-Ran Kim)
By Lucy Craymer WELLINGTON (Reuters) – Corey Ngaru and his partner Elian Lellimo left recession-hit New Zealand for the sunshine of Australia’s Gold Coast just a week ago, bidding a teary farewell to family and friends as they seek better jobs and pay elsewhere. “There’s a bunch more options, more opportunities,” said Ngaru, who estimates …
Analysis-New Zealand’s economic missteps hasten exodus to sunnier shores Read More »
(Opinions expressed are those of the author.) By Mike Dolan A look at the day ahead in U.S. and global markets from Mike Dolan. We’ve revamped Morning Bid U.S. to offer you more in-depth markets analysis and commentary. Mike Dolan will help you make sense of the key trends shaping global markets each day. World …
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest rate cut on Thursday and solidifying bets for further policy easing in the coming months. Consumer price inflation in the 20 nations sharing …
Euro zone inflation ticks lower in boost to ECB rate cut bets Read More »
By Ariba Shahid KARACHI (Reuters) -Pakistan’s annual inflation rate slowed to 1.5% in February, the lowest in nearly a decade and below the finance ministry’s estimates, data from the statistics bureau showed on Monday. Inflation has cooled significantly, easing from 23.1% in February 2024. Consumer prices in February fell 0.8% from the month before, according …
Pakistan consumer inflation slows to weakest in nearly a decade Read More »
HONG KONG (Reuters) – Hong Kong’s retail sales by value fell by 3.2% in January from a year earlier, marking an 11th consecutive month of declines despite a surge in tourist numbers, government data showed on Monday. Sales declined to HK$35.3 billion ($4.5 billion), with the percentage change narrowing from a revised 9.6% drop in …
ISTANBUL (Reuters) -Turkish annual consumer price inflation slowed to 39.05% in February, official data showed on Monday, lower than a Reuters poll forecast and sustaining a downtrend since it peaked at around 75% in May last year. A Turkish regulation lowering patients’ co-payments at public hospitals recently helped to rein in price growth, prompting some …
Turkish inflation slows to 39.05% in February, below forecasts Read More »
JOHANNESBURG (Reuters) – South African manufacturers reported a continued deterioration in business conditions in February, a local purchasing managers’ index (PMI) survey showed on Monday. The seasonally-adjusted PMI sponsored by South African bank Absa slipped to 44.7 points in February from 45.3 in January, falling further below the 50-point mark that separates expansion from contraction. …
South African manufacturing sentiment worsens further, Absa PMI shows Read More »
(Reuters) – Most stock markets in the Gulf rose in choppy trade early on Monday, as investors waited to see if imminent U.S. tariffs would be implemented, although the Qatari bourse traded lower. U.S. Commerce Secretary Howard Lutnick said on Sunday that tariffs on Canada and Mexico will go into effect on Tuesday, but that …
Most Gulf markets gain in early trade; Qatar falls Read More »
ISTANBUL (Reuters) – Turkey’s manufacturing sector showed signs of continued struggle in February, reflecting ongoing challenges with new orders, output and employment all hurt by muted market demand, a survey showed on Monday. The Purchasing Managers’ Index (PMI) inched up to 48.3 from 48.0 in January, remaining below the 50.0 threshold that separates growth from …
Turkish manufacturing shrinks at slower pace in February, PMI shows Read More »
