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THE ECONOMY.(TO THE POINT)
Dollar drops on China yuan talk
The dollar posted its biggest losses in months vs. the yen after the state-sponsored China Securities Journal said Beijing might let the yuan trade more freely at any time. But China's central bank said it hasn't received any notice from the gov't to prepare for currency reform. The dollar sank 1.32 yen to 104.78 yen. The yen also rose sharply vs. the euro, which closed a little lower vs. the dollar.
** The ECRI leading U.S. index fell to 134.8 in the week ended April 22 from 135.2 in the prior week. The annualized growth rate cooled to 3.2% from 3.4%. That's a 7-week low, but comfortably above the negative readings of last autumn.
Euro zone economy isn't "rosy'
A European Commission spokeswoman admitted conditions in the 12-nation currency region are "not exactly rosy at the moment," but said member nations' reforms should bear fruit eventually. The commission's euro zone economic sentiment index fell 1 point in April to 96.5, the lowest since Aug. '03. Consumer confidence edged up, but industrial pessimism deepened. ...
- BARBADOS: JOBLESS RATE DECLINES
- Newspaper article from: Caribbean Update May 1, 1996 700+ words
...was 16.5%, down 3.5 points from the previous quarter, according to the latest data from the Central Bank. This was the lowest jobless rate since the first quarter of 1991, when it was 15%. Labor force participation was 67.5% (73...
- Japan jobless rate seen at 4.8%.(Business)
- Newspaper article from: Manila Bulletin October 23, 2004 700+ words
...trend is keeping the jobless rate under pressure. People...economist at Shinkin Central Bank Research Institute...economists who expected the jobless rate to improve to 4.7...services sector. The jobless rate hit a record high of...
- Jobless rate up; stocks skyrocket
- Newspaper article from: The Boston Globe Peter G. Gosselin, Globe Staff October 5, 1996 700+ words
...numbers -- a separate survey showed the jobless rate rose to 5.2 percent from 5.1 percent...with output appearing to pick up and the jobless rate at a near-record low, a central bank rate hike seemed all but inevitable. Rising...
- S.KOREA'S OCT JOBLESS RATE GROWS TO HIGHER THAN EXPECTED LEVEL.
- News wire article from: AsiaPulse News November 10, 2005 700+ words
...Pulse - South Korea's jobless rate increased to a higher...before the country's central bank was to hold a meeting...interest rate. The jobless rate climbed 3.6 per cent...Korea, the country's central bank, is expected to freeze...
- US job losses slow; jobless rate at 26-year high.
- Newspaper article from: Times of Oman (Muscat, Oman) September 5, 2009 700+ words
...Department said on Friday the jobless rate climbed to 9.7 percent in August...the Federal Reserve expect the jobless rate to peak by the first quarter of 2010 and believe the U.S. central bank will start raising interest rates...
- ANALYSIS - AUSTRALIA'S LOW JOBLESS RATE SPARKS RATE HIKE FEARS.
- News wire article from: AsiaPulse News June 7, 2007 700+ words
...Asia Pulse - The jobless rate fell to a fresh...concerned the central bank will have to...said the lower jobless rate could prompt...Edwards said the central bank would be assessing...seasonally adjusted jobless rate, at 3.2 per...
- Jobless rate in US is lowest in 4 years
- Newspaper article from: The Boston Globe Charles Stein, Globe Staff November 5, 1994 700+ words
...During the summer, the jobless rate here hovered around...argues that as the jobless rate falls, employers are...Fed. Even though the central bank has raised rates five...SIDEBAR: Massachusetts jobless rate jumps GLOBE STAFF CHART
- JOBLESS RATE IN US IS LOWEST SINCE 1973
- Newspaper article from: The Boston Globe Charles Stein, Globe Staff March 11, 1989 700+ words
The nation's jobless rate dropped in February...In Massachusetts the jobless rate rose slightly to 3...for its own good, the central bank last month nudged interest...Roach believes that a jobless rate in the 5 percent zone...