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
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
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
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
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 08:53
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 08:20
US should link China's power in IMF to support for debt relief- former US official
By Andrea Shalal and David Lawder WASHINGTON The U.S. should demand that China support debt restructuring for struggling
2023-10-05 08:17
South Korea Sept consumer inflation accelerates for second month
SEOUL South Korea's consumer inflation accelerated for a second month in September, outpacing market expectations, official data showed
2023-10-05 07:48
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 07:48
Asia Shares to Rise as Stock, Bond Selloff Abates: Markets Wrap
Shares in Asia are set to rise after stocks and bonds rallied on Wall Street as traders trimmed
2023-10-05 07:29
China Nears First Major Builder Restructuring With Sunac Hearing
Sunac China Holdings Ltd. faces court proceedings Thursday on its multibillion-dollar offshore debt restructuring plan, the last key
2023-10-05 06:51