US layoffs for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) – U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for…
Morning Bid: Selloff abates as economy hums, layoffs rise
Nov 6 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…
China’s exports seen slowing in October as front-loading against U.S. tariffs eases: Reuters poll
BEIJING, Nov 6 (Reuters) – China’s export growth probably slowed in October, as overseas orders tapered off following…
Euro zone economy grows at fastest pace in more than two years, PMI shows
Euro zone economy grew at fastest pace since May 2023 in October HCOB final composite PMI rose to…
World Economic Forum chief warns of three possible ‘bubbles’ in global economy
SAO PAULO, Nov 5 (Reuters) – The world should watch out for three possible bubbles in financial markets,…
Subdued Philippine inflation leaves door open for December rate cut
Inflation below central bank’s target for eighth month Below target inflation could allow for rate cut in December…
Bank of Japan debated growing case for rate hike, September minutes show
One member saw need to hold to avoid surprising markets Another saw timing ripe for hike from Japan…
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Asia’s factories stumble as US tariffs hit order books
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi…
Asian stocks rise on AI sentiment, dollar near 3-month high
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings…
Australia’s home prices surge by most in over two years in October
SYDNEY, Nov 3 (Reuters) – Australian home prices jumped by the most in more than two years in…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…