JAPAN'S industrial output snapped four months of decline in June, pointing to a modest recovery in broader business and consumer activity in the world's third-largest economy, following a heavy...

[WASHINGTON] Just one day before a federal jobless benefit was set to expire, the US Congress was no closer on Thursday to a deal extending or replacing the extra US$600 per week in payments to...

LATEST US DATA

THE US economy contracted at its steepest pace since the Great Depression in the second quarter as the Covid-19 pandemic shattered consumer and business spending, and a nascent recovery is under...

[WASHINGTON] The United States saw its second consecutive weekly increase in new claims for unemployment benefits, the Labor Department said on Thursday, with 1.43 million filed.

[WASHINGTON] US congressional Republicans and Democrats, struggling to reach a deal to provide more aid to those hurt by the coronavirus pandemic, slid on Wednesday toward letting a US$600-per-...

[SYDNEY] Australian employment fell 1.1 per cent between mid-June and mid-July, weekly data showed on Tuesday, with the biggest lost suffered in the second most populous state of Victoria which is...

[WASHINGTON] The number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, suggesting the labour market was stalling amid a resurgence in new...

[PARIS] Many workers' lives have been abruptly upended by the coronavirus pandemic, as job losses in tourism, air travel, food and drink or other industries hit those both on fixed contracts and...

[SINGAPORE] The Covid-19 pandemic has seen governments around the world unleash unprecedented fiscal firepower to save jobs and help workers.

AUSTRALIAN mortgage defaults are chiefly due to a change in earnings, resulting in homeowners unable to meet monthly repayments, or when their property is worth less than their loan, according to...