Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
Singapore will provide March data for retail sales; in February, sales were up 3.0 percent on month and 8.4 percent on year.
Hong Kong will see March numbers for retail sales; in February, sales were up 1.9 percent on year.
Finally, the markets in China remain shuttered for Labor Day, and will reopen on Monday. Japan is also off for Constitution Memorial Day.
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U.S. Job Growth Far Exceeds Estimates In May But Unemployment Rate Ticks Higher
Employment in the U.S. shot up by far more than economists had been expecting in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment surged by 272,000 jobs in May after climbing by a downwardly revised 165,000 jobs in April.
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Před 4 h 50 min
German Industrial Output Logs 0.1% Fall; Exports Rise
Germany's industrial production registered a marginal fall on falling construction output, while growth in both exports and imports accelerated more than expected, official data revealed on Friday. Industrial output edged down 0.1 percent on a monthly basis in April, Destatis said Friday. This follows a 0.4 percent drop in March. Although the pace of decrease softened from March.
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Před 4 h 55 min
India Holds Key Interest Rates As Expected; Raises Growth Outlook
India's central bank kept its key interest rates unchanged for the eighth straight session on Thursday and pledged to maintain the disinflationary stance until inflation aligns with the target on a durable basis amid faster economic growth. The Monetary Policy Committee of the Reserve Bank of India led by Governor Shaktikanta Das, voted 4-2 to keep the policy repo rate at 6.50 percent.
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Před 5 h 28 min
Semtech Appoints Hong Hou To Succeed Paul Pickle As President And CEO
Semiconductor service provider Semtech Corp. (SMTC) announced Friday the appointment of Hong Hou, a current member of the Semtech Board of Directors, as President and Chief Executive Officer, effective June 6, 2024.
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Před 5 h 28 min
U.S. Employment Surges Much More Than Expected In May
Employment in the U.S. shot up by far more than economists had been expecting in the month of May, according to a closely watched report released by the Labor Department on Friday.
RTTNews
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Před 5 h 37 min
Bay Street Likely To See Some Wild Swings; U.S., Canadian Jobs Data In Focus
Jobs data from Canada and the U.S. are set to make a significant impact on price movements in the Canadian market on Friday. The market may see some wild fluctuations early on in the session, but activity may turn a bit stock specific later on.
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Před 6 h 11 min
EMCOR Group Board Authorizes Addl. $500 Mln Share Repurchase Program
EMCOR Group, Inc. (EME) announced Friday that its Board of Directors has authorized an additional $500 million for the purchase of shares of its outstanding common stock under its existing share repurchase program.
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Před 6 h 21 min
GameStop Stock Surges On News Of Roaring Kitty Scheduling Livestream
GameStop Corp. shares jumped 48 percent on Thursday after the video game retailer's investor Keith Gill, famously known as "Roaring Kitty", scheduled a livestream. The shares further gained significantly in the after-hours trading as well as in pre market activity on the NYSE earlier on Friday. However, the shares are now down around 8%.
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Před 6 h 37 min
