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SINGAPORE | Share prices bounce back on report Trump, Xi to meet at G-20

SINGAPORE— Share prices in Asia rebounded Friday on a report that President Donald Trump and his Chinese counterpart Xi Jinping may meet at the Group of 20 summit in Argentina in late November. The Wall Street Journal said the White House had informed officials in Beijing that it would go ahead with a summit meeting … Continue reading SINGAPORE | Share prices bounce back on report Trump, Xi to meet at G-20

WASHINGTON | US wholesale prices rose just 0.2 percent in September

WASHINGTON— U.S. wholesale prices rose a mild 0.2 percent last month, held down by lower food and energy costs, suggesting that inflation remains in check despite the economy’s robust growth. The Labor Department said Wednesday that its producer price index — which measures inflation before it reaches consumers — rose 2.6 percent compared with a … Continue reading WASHINGTON | US wholesale prices rose just 0.2 percent in September

BERLIN | German exports slip for second month in a row

BERLIN— German exports dropped in August over the previous month for the second month in a row in the latest disappointing news about Europe‘s largest economy. The Federal Statistical Office reported Tuesday that exports were down 0.1 percent to 110.3 billion euros ($126.24 billion) in August, in seasonally and calendar adjusted numbers. Imports decreased 2.7 … Continue reading BERLIN | German exports slip for second month in a row

LONDON | Eurozone economy showing ‘clear loss of momentum’

LONDON— A closely watched survey shows that the eurozone economy lost further momentum during September, with exports at the forefront of the slowdown. Financial information firm IHS Markit said Wednesday that its composite purchasing managers index, a key gauge of business activity incorporating services and manufacturing, slipped to 54.1 in September from 54.5 the previous … Continue reading LONDON | Eurozone economy showing ‘clear loss of momentum’

BERLIN | German unemployment low amid strong labor market

BERLIN  — The number of people without jobs in Germany dropped slightly in August as the labor market remained strong in Europe’s largest economy. The Federal Labor Office said Thursday that the number of unemployed dropped by 8,000 from July, according to seasonally adjusted figures, leaving the jobless rate unchanged at 5.2 percent. In unadjusted … Continue reading BERLIN | German unemployment low amid strong labor market

WASHINGTON | Open jobs outnumber US unemployed for 3rd straight month

WASHINGTON — U.S. employers posted slightly more openings in June than the previous month, resulting in more available jobs than unemployed workers for the third straight month. The Labor Department says job openings barely increased, rising just 3,000, to 6.66 million. That’s more than the 6.56 million people than were searching for work in June. … Continue reading WASHINGTON | Open jobs outnumber US unemployed for 3rd straight month