Specialized search for economics

1+ min ago   (352+ words) Sean Crick, head of labour statistics at the ABS, said that this month saw more people aged 1524 move into employment, contributing to the increase in overall employment and the decline in the unemployment rate. The daily close above the channel…...

6+ min ago   (367+ words) Silver (XAG/USD) continues scaling new all-time highs for the second consecutive day and climbs to the $99.00 mark during the Asian session on Friday. The parabolic rise seems rather unaffected by easing US-EU tensions over Greenland and extremely overstretched conditions,…...

50+ min ago   (113+ words) BREAKING NEWS: BOJ chief Ueda vows to closely watch impact of weak yen on pricesRead full story here Japan weather agency warns of heavy snow, partial highway closures planned 673,000 affected as Tokyo's Yamanote loop line halted by power outage Private…...

51+ min ago   (311+ words) KUALA LUMPUR: The ringgit breached the RM4 threshold to hit a fresh five-year high as traders assessed strong economic growth and an otherwise upbeat annual outlook. The local currency was traded at 3.9992 against the US dollar at 2.19pm. Year-to-date, the ringgit has…...

52+ min ago   (686+ words) The S&P 500 gained 0.5% and added to its big gain from Wednesday, when Trump said he had reached "the framework of a future deal with respect to Greenland" and called off 10% tariffs for European countries that he said opposed his…...

59+ min ago   (236+ words) Malaysia's sovereign wealth fund Khazanah Nasional Bhd. sees the ringgit strengthening further after its run as Asia's top-performing currency last year, its managing director Datuk Amirul Feisal Wan Zahir said." "I think we will see a bit more strengthening," Amirul…...

1+ hour, 6+ min ago   (323+ words) Economists expect fiscal deficit for fiscal year 2026-27 likely to be pegged between 4.2 and 4.3 per cent of GDP (Gross Domestic Products). For the same, net borrowing could be in the range of "11.1 lakh crore to "11.5 lakh crore with upward bias. Finance…...

1+ hour, 8+ min ago   (561+ words) Asian currencies experienced a tumultuous week, with the Japanese yen maintaining stability despite a significant sell-off in Japanese government bonds (JGBs). The yen steadied, reflecting cautious sentiment among investors who are closely monitoring the developments in Japan's bond market. The…...

1+ hour, 9+ min ago   (361+ words) Rupee Up, Oil Down on Geopolitical Calm; Tech Firms Cut Jobs, Space Costs Plummet'Whalesbook THE SEAMLESS LINK These market movements and corporate actions paint a complex picture of global economic undercurrents Investor sentiment, influenced by de-escalated geopolitical tensions, has directly…...

1+ hour, 11+ min ago   (421+ words) On Friday, the People's Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9929 compared to the previous day's fix of 7.0019 and 6.9481 Reuters estimate. The primary monetary policy objectives of the People's Bank of…...