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NEW YORK: The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.
THERE is a new player in town looking to enter the space previously dominated by online service provider MyEG Services Bhd.
NEW YORK: America’s labour market unexpectedly rebounded in May, signalling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic.
HONG KONG has become a centre of global attention again after China’s National People’s Congress (NPC) adopted a piece of new security legislation for this Asian financial centre to stop unduly demonstrations and violent riots that have hurt its economy and people’s livelihood.
KUALA LUMPUR: The FBM KLCI ended the morning session at 1,550 points as the risk appetite continued to grow amid improving investor sentiment.
NEW YORK: Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic worries.
NEW YORK: Tiffany & Co plunged after Women’s Wear Daily reported LVMH’s deal to buy the luxury jewellery company is uncertain as the US economy faces widespread upheaval.