US initial jobless claims fall below 1 million, but layoffs remain elevated 05-09-2020 US Labour Department said earlier on Thursday that the initial jobless claims fell to their lowest levels since the onset of pandemic outbreak last week
Economic bellwether copper gains after solid economic recovery in China 04-09-2020 London copper futures rose on Thursday after China's services sectors had reported fourth straight month of gains
US Private Payrolls add 428,000 jobs last month; labour market outlook darkens 03-09-2020 US Labour Department said in a statement on Wednesday that the US private payrolls had added just 428,000 jobs in August
India’s economy contracts by 24% in Q2; current-quarter outlook shimmers 02-09-2020 National Statistics Office of India had revealed earlier this week that the country's economy had shrunk by 24 per cent over the April-June quarter of the year
US Factory Activity steps up to 22-month-peak in August 02-09-2020 ISM survey for US Manufacturing activity surged to a roughly 22-month-peak last month in latest sign to a rapidly emerging US economy from the pandemic-led slump
White House says Trump willing to sign off a $1.3 trillion pandemic relief bill 29-08-2020 White House Chief of Staff Mark Meadows said late on Friday that the US President Donald Trump had agreed to sign off a pandemic relief bill of $1.3 trillion
US Labour market recovery slows; initial jobless claims hover still above 1 million 29-08-2020 Later this week, the US Labour Dept. said that the initial jobless claims for the week that ended on Aug. 22 fell by 98,000 to 1.006 million on an adjusted basis
US Consumer Spending rose strongly in July, but outlook remains uncertain 28-08-2020 On Friday, US Commerce Dept. said in a statement that US Consumer Spending rose by 1.9 per cent last month
Nikkei falters, yen feathers on news PM Abe resignation looms 28-08-2020 Nikkei 225 tumbles and Japanese Yen regains momentum against its American peer on Friday's Asia-Pacific session after media reports that PM Abe has been set to resign
Washington, Beijing reaffirm commitment to Phase 1 trade deal in phone call 27-08-2020 Office of US Trade Representative said in statement on Tuesday that the trade negotiators from Beijing and Washington had pledged to Phase One trade deal in phone call
US Consumer Confidence tumbles in August to lowest in six years 27-08-2020 New York-based US Conference Board said in a statement on Tuesday that US Consumer Confidence fell to the lowest level in six years this month
France delays launch of pandemic reboot plant until September 25-08-2020 French President Emmanuel Macron said on Saturday that the nation would be biding its times at least until September before launching a €100 billion stimulus package
Saudi energy ministry to finance mega economic zone Neom 25-08-2020 Saudi Energy Ministry said on Sunday that it had agreed to offer financial assistance to a $500-billion mega infrastructure project named Neom
OPEC+ set to slash output further to offset overproduction- May-July Document 25-08-2020 An OPEC+ report first seen by a press agency reporter had unveiled that the 20-country alliance of OPEC+ nation would be slashing output by an additional 2.31 million barrels per day
UK Public debt breaches £2-trillion mark for the first time on record 24-08-2020 Govt. data released on Friday had unveiled that the UK Government's public debt had topped £2 trillion mark for the first time on record
European economic rebound slows again as pandemic cases rise 24-08-2020 A survey report had revealed on Friday that the European economy had hit a stumbling block this month amid a reawakening of pandemic outbreak
Crude oil pummels over 1% after data expose sluggish recovery 23-08-2020 Both Brent and US crude futures had faltered on Friday following release of a set of dismal eurozone economic data that dented demand appetite substantially
US home sales surge 50% over past two months in latest sign of recovery 23-08-2020 On Friday, US National Association of Realtor said in a statement that the US existing homes sales surged nearly a quarter last month
Americans back to business as factory & service sectors PMI post surprise gains 22-08-2020 IHS Markit survey for US Composite PMI had reported a surprise gain this month, while both manufacturing and service sectors activities had robustly picked up
EU, US cut a $198 million mini-deal to trim lobster, other tariffs 22-08-2020 EU and US said in a joint statement on Friday that the sides had reached a small-scale trade deal which in effect would trim import tariffs on US lobsters
South Sudan Central Bank says FX reserves have run out 21-08-2020 Deputy Governor of the civil war-struck South Sudan's Central Bank said in a news conference late on Wednesday that the oil-dependent country's FX reserves had run out
US initial jobless claims rise above 1 million again as labour market scuffles 21-08-2020 US Labour Department said in a statement earlier on Thursday that the initial jobless claims for the week that ended on Aug. 15 had again soared above 1 million level
Washington suspends extradition and tax agreement with Hong Kong 21-08-2020 On Wednesday, the US State Dept. said in a statement that the United States had terminated its extradition and tax agreement with Hong Kong
Washington says US home construction surges 22.6%, third straight monthly rise 20-08-2020 US Commerce Department data revealed on Tuesday that the US home construction rose by 22.6 per cent last month
Former Journalist Freeland turns into Canada’s first female Finance Minister 19-08-2020 On Tuesday, Canadian PM Justine Trudeau had named his deputy Chrystia Freeland as the country's first female Finance Minister
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