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WASHINGTON: U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors, but a decline in the unemployment rate to 4.4% suggested the labor market was not rapidly deteriorating. The Labor Department’s…
A teenager in the Philippines has been arrested for trying to sell her one-month-old baby for 50,000 Philippine pesos (US$845) on social media, as police…
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World Economy
Copper prices continue to rise, extending their rally as metals markets head toward a fourth consecutive weekly gain. This advance reflects a combination of tight global supply, steady demand expectations linked to the electrification transition, and renewed investor interest in…
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U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
WASHINGTON: U.S. employment growth slowed more than expected in December amid job losses in the construction,…
HOUSTON/DENVER: The White House is summoning oil executives to discuss potential investment in Venezuela on Friday,…
Losses of state-owned enterprises (SOEs) widened sharply in FY2024-25 despite generating revenues of around Rs12.4 trillion,…
Economist Intelligence
WASHINGTON: U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors, but a decline in the unemployment rate to 4.4% suggested the labor market was not rapidly deteriorating. The Labor Department’s…
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WASHINGTON: U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors, but a decline in…
HOUSTON/DENVER: The White House is summoning oil executives to discuss potential investment in Venezuela on Friday, and while a preliminary list of attendees features…
Losses of state-owned enterprises (SOEs) widened sharply in FY2024-25 despite generating revenues of around Rs12.4 trillion, as structural inefficiencies, rising debt and persistent losses…
The Privatisation Commission (PC) Board on Friday took key decisions on several high-profile transactions, including House Building Finance Company Limited (HBFCL), the Roosevelt Hotel…