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 10:18
Citi Raises China GDP Forecast, Saying Economy Has Bottomed Out
Citigroup Inc. raised its growth forecast for China to 5% this year, as promising data helps build consensus
2023-10-05 10:00
Mexico Airport Operators Say Government Changed Fee Structure
Mexico airport operators Grupo Aeroportuario del Pacifico SAB and Grupo Aeroportuario del Sureste SAB cautioned investors that the
2023-10-05 09:59
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 09:55
Japan Moves Up Tomahawk Missile Purchase Due to Security Worries
Japan will start acquiring Tomahawk cruise missiles from the US beginning in 2025, moving up its planned purchase
2023-10-05 09:55
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 09:52
Senate Delegation Still Hopes to Meet With Xi, Aide Says
Louisiana Senator Bill Cassidy reiterated his colleague’s hopes that a bipartisan delegation to China next week will meet
2023-10-05 09:27
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 09:26
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 09:23
Hong Kong Accelerates Push to Keep Markets Open During Typhoons
Hong Kong’s government is pushing for quicker action on a proposal to keep financial markets open during typhoons,
2023-10-05 09:21
US Weaves Web of Intelligence Links in Asia to Counter China
The US is deepening intelligence cooperation with countries across Asia as it looks to counter Beijing’s sophisticated spying
2023-10-05 09:16
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 08:55