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taper tantrum: Taper Tantrum nightmares won t haunt emerging markets in Asia
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Taper tantrum nightmares won t haunt Asia s emerging markets
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The Straits Times
Oil holds gain as Opec+ tension builds before talks resume
Most OPEC+ members backed a proposal to increase output by 400,000 barrels a day each month from August.PHOTO: REUTERS
Published4 hours ago
https://str.sg/3oC8
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Wayne Cole
3 minute read
A man reads job adverts in a newspaper at a cafe in Sydney, Australia, May 9, 2016. REUTERS/David Gray/File Photo
Summary
Retail sales top forecasts with 0.4% increase
Approvals to build new homes dip from historic highs
SYDNEY, July 5 (Reuters) - Australian job advertisements extended their record-breaking run in June as demand for labour remained strong despite a round of coronavirus lockdowns across the country, a sign any drag on the economy will likely be fleeting.
Other data out on Monday showed retail sales topped forecasts in May with a rise of 0.4%, while sales of new vehicles held firm in June, in a promising omen for consumption.
Australia s labour market stays strong in face of COVID lockdowns Reuters 6 hrs ago By Wayne Cole © Reuters/David Gray FILE PHOTO: A man reads job adverts in a newspaper at a cafe in Sydney, Australia
By Wayne Cole
SYDNEY (Reuters) -Australian job advertisements extended their record-breaking run in June as demand for labour remained strong despite a round of coronavirus lockdowns across the country, a sign any drag on the economy will likely be fleeting.
Other data out on Monday showed retail sales topped forecasts in May with a rise of 0.4%, while sales of new vehicles held firm in June, in a promising omen for consumption.
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