Asia-Pacific shares rose as traders look ahead to U.S. May jobs report, as debt ceiling concerns ease.
due Friday will highlight the challenges the Fed faces heading into the June policy meeting, according to Joe Davis, chief economist at Vanguard.
Hourly wages are expected to grow 0.3% on a monthly basis and 4.4% compared with the same month a year ago. In April, wages rose 0.48% month over month and 4.45% on an annualized basis.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homesAccording to the Urban Land Institute Asia Pacific Centre for Housing, the median price of Singapore's private homes is $1.2 million, compared to $1.16 million in Hong Kong.
Read more »
Saudi Arabia may cut Arab Light crude prices for Asia to 20-month lowTop oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all crude grades to Asia in July, a Reuters poll showed, despite the looming OPEC+ meeting that could leave the door open to further output reduction.
Read more »
Southeast Asia's digital economy may be set to hit $1 trillion, but roadblocks remainThe digital economy of ASEAN holds big promise but challenges stand in the way of realizing its potential such as digital inequality
Read more »
Asia climate woes mount as heat shatters May recordsCountries across Asia have been hit by another round of extreme heat that has toppled seasonal temperature records throughout the region, raising concerns about their ability to adapt to a rapidly changing climate.
Read more »
Exploring Chicago's Chinatown during Asian American Pacific Islander Heritage MonthThe Month of May is Asian American Pacific Islander Heritage Month.
Read more »
May News Roundup: Solar Farms Continued Popping Up In May - CleanTechnicaThe solar industry is getting big, and these days, there are constantly new solar farms going in, and that’s on top of all of the smaller home and business installations! But, many of these announcements just aren’t that great on their own these days. So, toward the end of the month, I like to do […]
Read more »