A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of November. ADP said private sector employment climbed by 146,000 jobs in November after jumping by a downwardly revised 184,000 jobs in October. Economists had expected private sector employment to...
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of November. ADP said private sector employment climbed by 146,000 jobs in November after jumping by a downwardly revised 184,000 jobs in October. Economists had expected private sector employment to...
A report released by the Institute for Supply Management on Wednesday showed U.S. service sector growth slowed by more than anticipated in the month of November. The ISM said its services PMI fell to 52.1 in November from 56.0 in October. While a reading above 50 still indicates growth, economists had expected the index to...
The Commerce Department released a report on Wednesday showing a modest increase by new orders for U.S. manufactured goods in the month of October. The report said factory orders rose by 0.2 percent in October after dipping by a revised 0.2 percent in September. Economists had expected factory orders to rise by 0.2 percent compared...
After holding firm in the European session, the U.S. dollar fell on Wednesday, weighed down by data showing a slowdown in service sector growth in the month of November. The Institute for Supply Managements report showed that the services PMI dropped to 52.1 in November from 56.0 in October. Economists had expected the index to...
South Korea will on Thursday release Q3 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.5 percent on quarter and 1.5 percent on year after added 0.1 percent on quarter and 1.5 percent on year in the previous three months. Australia will provide October figures...
The Canadian market hit a new high, but failed to hold early gains and settled just marginally up on Wednesday as losses in energy and consumer discretionary stocks outweighed gains in technology and industrials sectors. The mood remained cautious with investors digesting earnings updates from major banks and economic data, and looking ahead to U.S....
The South Korea stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had stumbled more than 50 points or 2 percent. The KOSPI now sits just above the 2,460-point plateau although it has a positive lead for Thursdays trade. The global forecast for the Asian markets is...
South Koreas gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said on Thursday - unchanged from Q2 but missing expectations for an increase of 0.5 percent. Real gross national income (real GNI) increased by 1.4 percent on quarter in Q3. On the...
The Malaysia stock market has moved higher in three straight sessions, almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau and it may tick higher again on Thursday. The global forecast for the Asian markets is upbeat on an improved outlook for interest...