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Australia Job Vacancies Drop 5.2 in August Quarter

SYDNEY, Sept 26 Reuters Job vacancies in Australia fell for a ninth straight quarter in the three months to endAugust with declines spread across most industries as demand for labour cooled. Figures from the Australian Bureau of Statistics ABS out on Thursday showed vacancies fell a sharp 5.2 from the previous threemonth period, when they […]
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South Africas FDI Inflows Slow in Q2, Central Bank Says

JOHANNESBURG, Sept 26 Reuters South Africa recorded foreign direct investment inflows of 16.6 billion rand 965.87 million in the second quarter of 2024, down from 24.4 billion rand in the first quarter, central bank data showed on Thursday. The South African Reserve Bank said in its Quarterly Bulletin that the inflows were notably driven by […]
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China Vows Necessary Spending to Hit Economic Growth Target

BEIJINGHONG KONG, Sept 26 Reuters Chinese leaders pledged on Thursday to deploy necessary fiscal spending to meet this year39;s economic growth target of roughly 5, acknowledging new problems and raising market expectations for fresh stimulus on top of measures announced this week. The remarks, which included guidance to the government to support household consumption and […]
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BOJ Policymakers Divided on Future Rate Hike Pace, July Minutes Show

Some board members called for more rate hikes July minutes Several others warned against proceeding quickly One member said hard to hike rates 39;automatically39; to neutral Remarks highlight challenge surrounding BOJ39;s ratehike path TOKYO, Sept 26 Reuters Bank of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes […]
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Dollar Firm Following Sharp Rebound as Fed Speakers Eyed

TOKYO, Sept 26 Reuters The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to speeches from key Federal Reserve policymakers later in the day for clues on the pace of interest rate cuts. The U.S. currency rebounded strongly overnight from a more than oneyear low to the euro and […]
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Foreign Investors Cheer Chinas Stimulus From a Distance

Foreign investors stay on the sidelines Chinese stocks surge but remain laggards vs peers Investors await fiscal measures to spur consumer demand SINGAPORENEW YORK, Sept 26 Reuters As the market euphoria to China39;s biggest stimulus since the pandemic settles, foreign investors are now asking whether the 114 billion toolkit will provide the spark needed to turn around a beatup stock market. […]
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Nvidia Supplier SK Hynixs Shares Rally as Mass Production of Latest HBM Chips Begins

SEOUL, Sept 26 Reuters SK Hynix shares jumped more than 9 on Thursday after the South Korean firm started mass production of the most advanced highbandwidth memory HBM chips, pulling ahead in a race to meet demand from an artificial intelligence AI boom. Shares of the world39;s secondlargest memory chipmaker outperformed its bigger rival Samsung Electronics, […]
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