December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. That compared with respective estimates of 170,000 and 3.8%. The hiring boost […]
Category: Uncategorized
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China’s factory activity grew at quicker pace in December: PMI
China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey showed […]
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Oil Prices Rally After Fresh Red Sea Attacks
Published: 1/2/2024 5:00 AM ET | Oil prices rose over 2 percent on Tuesday amid concerns of potential supply disruptions in the Middle East. Benchmark Brent crude futures jumped 2.1 percent to […]
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Japan downgrades tsunami warning after earthquake rocks region, at least four confirmed dead
A series of major earthquakes rocked Japan on Monday, killing at least four people and trapping others under collapsed houses, according to local reports. Kyodo News reported on the four deaths, citing the […]
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China’s Xi Jinping says Taiwan will ‘surely be reunified’ in year-end address
Xi promised unity ‘on both sides of the Taiwan Strait’ Chinese leader Xi Jinping promised the reunification of Taiwan with mainland China during his year-end address on Sunday. Tensions between China […]
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Calendar: January 1–January 5 , 2024
Monday January 1 U.S., Canadian and many global markets closed for New Year’s Day China releases various purchasing managers indexes (PMIs). Manufacturing PMI is expected to show a slight contraction, […]
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Calendar: Dec 25 – Dec 29
Monday December 25 North American and European markets closed == Tuesday December 26 Canadian and European markets closed Japan’s jobless rate and machine tool orders (9 a.m. ET) U.S. S&P […]
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Canada’s economy shows no growth in October, with GDP below analyst expectations
Canada’s economy showed no growth in October, Statistics Canada said on Friday, as GDP remained unchanged on a monthly basis at 0.0 per cent. Analysts had been expecting GDP to […]
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Houthi attacks rocking Red Sea trade routes likely won’t end anytime soon. Here’s what can happen next
U.S. Central Command over the weekend said it shot down “14 unmanned aerial systems launched as a drone wave from Houthi-controlled areas of Yemen” in the Red Sea. Many tankers […]