Canada’s Economy Sheds Jobs But Wage Growth Stays High
The Canadian economy unexpectedly shed jobs last month even as wages grew faster, signaling a softening labor market
2023-08-04 23:24
US Wage Growth, Lower Unemployment Underpin Solid Jobs Market
US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with
2023-08-04 21:23
Debt-Burdened World Leaders Love to Hate Ratings Companies
No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as
2023-08-04 19:19
UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:21
State Bank of India Shares Fall As More Loans Turn Sour
State Bank of India saw a metric tracking loans that turn bad rise, prompting shares of the nation’s
2023-08-04 17:16
Slowing US Wage Growth to Set Stage for End of Fed Tightening
A monthly US jobs report due Friday is set to show wage growth continued to moderate in July,
2023-08-04 17:15
GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:51
Maersk Cuts Global Trade Forecast as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 16:23
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 15:52
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:22
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:22