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| | | ... stocks helped a run of sluggish trade in US equity markets. Locally on Thursday, the Australian Bureau of Statistics releases jobs figures for May, which is expected to show the unemployment rate holding steady at 6.2 per cent. In Australia, the market ... |
| | | | HSBC said Australia is a priority market, but has not confirmed if the decision to cut 25,000 jobs globally will affect the business down under. The group confirmed that it wants to reduce its risk weighted assets by 25%. To achieve that, it will sell ... |
| | | | ... worries about overcapacity. Analysts said the market continued to weigh the implications of Friday's surprisingly good US jobs report, especially for the Federal Reserve's plans for an interest rate hike. The jobs report "was a game changer that people ... |
| | | | ... June payments, 1.6 billion euros ($A2.32 billion) worth, into one due on June 30. Investors are looking ahead to the May US jobs report and a policy announcement from the Organization of the Petroleum Exporting Countries. Both are scheduled for Friday. ... |
| | | | ... drop in the US trade deficit in April, slower growth in the US services sector in May and a solid 201,000 new private-sector jobs in May. The Federal Reserve's Beige Book reported that the US economy returned to modest-to-moderate growth during April ... |
| | | | ... manager at Kenjol Capital Management, said investors are also awaiting key economic data later in the week, including Friday's jobs report for May. "Overall we're in wait-and-see mode," Levy said. Apparel company PVH, which owns the Tommy Hillfiger and ... |
| | | | ... coming months. The global fund manager made the announcement days after chief executive James Dimon announced that 5,000 jobs would be cut globally. Speaking to the Wall Street Journal, Dimon said that this represents at least 2% of its current workforce ... |
| | | | ... personal incomes in April, but lower consumer spending. A jammed economic calendar this week includes May auto sales, the May jobs report and meetings of the European Central Bank and Organisation of the Petroleum Exporting Countries. Dow member Microsoft ... |
| | | | J.P. Morgan is aiming to cut 5,000 jobs globally, but it has not confirmed whether the move will impact its Australian division. "There is nothing further that we can say locally," a JPM spokesperson told Financial Standard, when asked to comment on ... |
| | | | ... economist Shane Oliver acknowledged that Treasurer Joe Hockey replaced the focus from last year's "budget emergency" to "boosting jobs, growth and opportunity." Oliver noted that "as a result, we are unlikely to see the big blow to confidence that last ... |
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