Nonfarm payrolls forecast increasing 170,000 in December Unemployment rate expected to rise to 3.8 from 3.7 Average hourly earnings seen gaining 0.3; up 3.9 yy WASHINGTON, Jan 5 Reuters U.S. job growth likely moderated in December, while the increase in annual wages probably slowed to below 4 for the first time in 212 years, potentially […]

TOKYO, Jan 5 Reuters Japan39;s December service activity expanded at a faster pace from the previous month thanks to strong demand and a lift in confidence even though the overall growth rate was modest, a business survey showed on Friday. The service sector has been a bright spot for the world39;s thirdlargest economy, marking 16 […]

Central bank stands ready to take appropriate action as needed Easing inflation driven by food, utility prices BSP has sufficiently tightened rates economist MANILA, Jan 5 Reuters Philippine inflation slowed to its weakest in nearly two years in December but fullyear readings remained outside the central bank39;s target zone, diminishing chances of nearterm rate cuts. […]

Euro zone to digest 150 bln euros of bond sales in Jan Issuance adds to caution after stellar rally ECB39;s winddown of asset purchases also in focus LONDON, Jan 5 Reuters A 150 billion euro 165 billion deluge of government bond sales in January is fueling unease in euro area bond markets, a foretaste of […]

NEW DELHI, Jan 5 Reuters India is likely to project higher economic growth estimates of around 7 for the 202324 fiscal year ending in March, compared with earlier government forecasts when the National Statistical Office releases its first advance GDP estimates on Friday. An increased estimate of annual gross domestic product is widely expected after the […]

WAJIMA, Japan, Jan 5 Reuters The United States said on Friday it is preparing military logistical support and aid for regions in Japan devastated by an earthquake that killed 94 people, forced about 33,000 people to leave their homes, and has left over 200 people unaccounted for. The U.S. is here to support our friend […]

LONDON, Jan 5 Reuters British house prices rose in annual terms in December for the first time in eight months, data from mortgage lender Halifax showed on Friday, adding to signs of a stabilisation in the property market after a hit from higher borrowing costs. House prices were 1.7 higher than in December 2022 when […]

TOKYO, Jan 5 Reuters Japanese manufacturers rushed to resume production four days after a magnitude 7.6 earthquake killed at least 94 and disrupted infrastructures in the country39;s west coast, as businesses were returning from gloomy New Year holidays. About 80 of 200 companies with plants in the quakehit areas, including makers of machines, semiconductors and textiles, have […]

NEW YORK, Jan 4 Reuters The U.S. solar industry will experience modest growth in 2024, as electricity prices decline and support from the Inflation Reduction Act IRA rolls in, SolarEdge Chief Financial Officer Ronen Faier said on Thursday. We39;ve bottomed in the last two quarters, Faier told investors at a Goldman Sachs conference in Miami, […]