HONG KONG (AP) — Asian shares were mostly higher Friday as investors awaited the release later in the day of key U.S. jobs data. Japan's benchmark Nikkei 225 index lost 0.4 percent to 19,454.33 while South Korea's Kospi added 0.4 percent to 2,050.70. The South Korean electronics maker posted its fattest quarterly profit in three years, boosting shares by 2 percent and shoring up stock market sentiment. The company said operating profit surged 50 percent to 9.2 trillion won ($7.8 billion), surpassing even the most bullish analyst forecasts. Markets are awaiting a U.S.
Asia Shares Mostly Gain; Traders Watching Dollar, Jobs Data
By KELVIN CHAN, AP Business Writer, Seattle Post-Intelligencer: Business
Fri, 01/06/2017 - 12:45am
BING NEWS:
- Stocks gain while dollar retreats as US labor market cools
Stock markets rose Friday as cooling US job growth raised hopes of interest-rate cuts, while London hit another record high following speculation of a bidding war for mining giant Anglo ...
05/3/2024 - 12:24 pm | View Link - Materials Gain as Dollar Slides on Jobs Data -- Materials Roundup
Producers of metals and other raw materials rose as the dollar slid in the wake of jobs data. An unexpectedly slim tally of 175,000 workers were added ...
05/3/2024 - 9:49 am | View Link - Dollar drops as employers add fewer jobs than expected in April
The dollar fell to a three-week low against the yen on Friday after data showed U.S. jobs growth slowed more than expected in April and annual wage gains cooled, boosting bets that the Federal Reserve ...
05/3/2024 - 7:24 am | View Link - Jobs report shows marked April slowdown, prompting Fed rate-cut bets
The Labor Department's Bureau of Labor Statistics said Friday that a net 175,000 new jobs were created in April, down from the upwardly revised total of 315,000 recorded in March and firmly shy of the ...
05/3/2024 - 5:56 am | View Link - Stock market today: Asian shares advance ahead of US jobs report
U.S. stocks closed higher and trimmed their losses for the week. The S&P 500 climbed 0.9% Thursday, a day after swinging sharply when the Federal Reserve said it’s likely delaying cuts to interest ...
05/2/2024 - 5:25 pm | View Link - More
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