Two jobs reports, two different views of the labor market
Almost any economist will tell you they don't have a crystal ball. But using all kinds of fancy (and sometimes not so fancy) models, they make predictions about forthcoming economic data. And oftentimes, economists' consensus forecasts are spot on.
2023-10-05 10:24
Australia’s Trade Surplus Widens in August on Iron-Ore Exports
Australia’s monthly trade surplus exceeded estimates in August as iron ore shipments rose and non-monetary gold exports surged.
2023-10-05 09:57
Top Vaccine Maker Seeks Growth by Selling Shots to Globetrotters
Serum Institute of India Ltd. became the world’s biggest vaccine maker by producing low-cost inoculations for developing nations
2023-10-05 09:57
Oil Subsidy Rollback Set to Help Region-Beating Malaysian Bonds
Malaysia’s bonds beat all their regional peers last quarter as rising oil prices bolstered the government’s coffers. The
2023-10-05 09:28
Oil Steadies After Tumbling Almost 6% on Rising Demand Risks
Oil steadied after growing concerns over weakening demand sparked the steepest one-day plunge in more than a year.
2023-10-05 09:15
Robot Maker Doubles in Debut After Biggest 2023 South Korea IPO
Doosan Robotics Inc. more than doubled in its trading debut in Seoul after raising 421 billion won ($309
2023-10-05 08:50
LG Energy to Invest $3 Billion in US Plant in Toyota EV Pact
South Korean battery maker LG Energy Solution Ltd. will invest around 4 trillion won ($3 billion) expanding its
2023-10-05 08:49
Korea’s Inflation Speeds Up, Backing Case for Tight Policy
South Korea’s inflation outstripped forecasts in September, reinforcing the case for the central bank to keep its policy
2023-10-05 08:24
UK Property Rental Market Sees Biggest Supply Jump in 10 Months
The supply of new UK rental properties rose the most since November 2022 in an early sign of
2023-10-05 07:58
Rivian Sinks After EV Maker Plans Convertible Note Offering
Rivian Automotive Inc. sank in post market trading Wednesday after the electric-vehicle maker announced plans to issue $1.5
2023-10-05 07:56
Peru’s Velarde Says Argentines Should Be Free to Choose Currency
Latin America’s longest-serving central bank chief has just stepped into a heated debate about the future of Argentina’s
2023-10-05 07:55
Suncor to Buy Total’s Fort Hills Stake in $1.07 Billion Deal
Suncor Energy Inc. agreed to buy TotalEnergies SE’s stake in the Fort Hills oil-sands mine for C$1.47 billion
2023-10-05 07:22