NEW YORK, Sept 3 (Reuters) – Markets always look to the Labor Department’s monthly employment report with great anticipation. But whether the data disappoints or surprises to the upside often
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Singapore retail sales see marginal 0.2% rise in July as F&B takings get hit
SINGAPORE – Retail sales in Singapore saw a marginal rise in July from a year ago, with food and beverage services taking a hit due to stricter curbs on dining-in.
Brazil's economic outlook dour without reforms, says former cenbank chief
Sept 2 (Reuters) – Brazil’s economic outlook appears bleak unless the government adopts structural reforms to build confidence in the country’s financial health, Arminio Fraga, a former governor of the
China steps up monetary support as economy takes hit from Covid-19 resurgence
HONG KONG (BLOOMBERG) – China has ramped up financial support for small businesses and pledged better use of local government bonds as the economy showed further signs of a slowdown
China's ride-hailing giant Didi creates union, setting precedent for Xi's worker agenda
BEIJING (BLOOMBERG) – Didi Global is helping workers establish their first union, a groundbreaking decision its fellow tech giants may soon follow as China imposes rules to curb excessive work
UPDATE 1-Moody's downgrades Peru, citing 'polarized and fractured political environment'
(Adds Moody’s growth projections in fourth paragraph) Sept 1 (Reuters) – Rating agency Moody’s Investors Service downgraded Peru’s rating to ‘Baa1’ on Wednesday, citing a “continuously polarized and fractured political
UPDATE 1-Euro zone bond yields at six-week highs as ECB unease lingers
(Updates with fresh quote, chart) LONDON, Sept 1 (Reuters) – Government bond yields across the euro area touched their highest levels in around six weeks on Wednesday, pushed up by
Asia-Pacific companies planning larger pay raises in 2022: Survey
SINGAPORE (THE BUSINESS TIMES) – Employers in the Asia-Pacific plan to give the highest 2022 salary increases compared with North America and Western Europe, which are expected to stay flat,
UPDATE 1-Euro zone bond yields near one-month highs eyeing U.S. data, Powell
(Adds chart, updates prices) Aug 27 (Reuters) – Euro zone bond yields hovered near one-month highs on Friday as markets calmed ahead of U.S. inflation data and a speech by
Singapore's service sector revenue up 16.6% in second quarter
SINGAPORE – The service sector saw double-digit year-on-year growth in the second quarter of 2021, with all segments registering higher business receipts. This rise was partly due to the low