Australia employment dives 65,100 in Dec, jobless steady
SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate held steady as fewer people went looking for work. Figures from the…
Biden’s Economic Approval Dives To Lowest Point Of His Presidency: POLL
Biden’s Economic Approval Dives To Lowest Point Of His Presidency: POLL Jake Smith on October 2, 2023 President Joe Biden’s economic approval ratings have hit an all time low as his administration…
Singapore Aug manufacturing output dives 12% y/y, more than expected
By Chen Lin SINGAPORE (Reuters) – Singapore’s industrial output in August plunged 12.1% year-on-year, contracting for an 11th consecutive month and more steeply than expected, official data showed on Tuesday. Economists had…
Foreign direct investment in Germany dives to 3.5 billion euros in H1
BERLIN (Reuters) – Foreign direct investment (FDI) in Germany slumped to 3.5 billion euros ($3.75 billion) in the first half of this year from 34.1 billion in the same period in 2022,…
Chinese lithium price dives in heated auto price war
By Siyi Liu and Dominique Patton BEIJING (Reuters) – China’s lithium prices are plunging faster than expected this year, down 34% in the last four weeks alone, hit by a slump in…
Star Entertainment dives on NSW govt’s proposal to reform casino tax rates
(Reuters) – Shares in Australia’s Star Entertainment Group tumbled nearly 12% on Monday, after the New South Wales (NSW) government proposed to raise taxes on casino poker machine operators in the state…
Roku dives as tough ad market drives downbeat forecasts
(Reuters) -Roku Inc shares dropped 14% to a more than three-year low on Thursday following downbeat forecasts a day earlier, as the streaming tech provider suffers from a collapse in advertising dollars.…
U.S. construction spending dives in June on single-family housing weakness
WASHINGTON – U.S. construction spending tumbled in June as outlays on single-family homebuilding declined sharply amid rising mortgage rates. The Commerce Department said on Monday that construction spending dropped 1.1% in June…
Australia consumer sentiment dives as rates, inflation rise
SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising interest rates weighed on family finances and…
Palladium dives about 17% as Russia supply fears recede
By Bharat Gautam – Palladium slumped nearly 17% in a sharp correction after rallying to an all-time high on the Ukraine crisis, as worries eased that supplies of the autocatalyst metal from…
Italy industry output dives, growth outlook weakens
By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro zone’s third…
Fundraising by Chinese private funds dives, slowing economy takes toll
SHANGHAI – Money raised by newly-launched private funds in China plunged 44% in January from a month earlier, latest official data showed, adding to evidence of rapidly-shrinking risk appetite amid a slowing…
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