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Asia stocks rise on more positive US jobs data
Aug 8th, 2012
Asian stock markets rose Wednesday, buoyed by more positive employment data out of the U.S. and expectations that central banks in the U.S. and Europe may take steps to support their economies. (Source: Associated Press) -
By Chikako Mogi TOKYO (Reuters) - Asian shares were pressured on Tuesday despite an overnight rise in global markets, with investors on tenterhooks for news of the Fed's plans for its stimulus program from the two-day monetary meeting starting later in the session. Turbulence in global financial markets over the past month was triggered by Fed... [Full Article]
By Neil Maidment LONDON (Reuters) - British luxury fashion group Mulberry defended its plans to move further upmarket, saying it was crucial to expansion plans in Asia, where local shoppers and outbound tourists are still spending heavily on top-end lines. Mulberry, known for its Bayswater and Alexa handbags, makes over 80 percent of its sales in B... [Full Article]
NEW YORK (Reuters) - Stock futures trimmed declines, with S&P and Nasdaq futures turning positive, after data showed jobless claims declined last week and retail sales rose more than expected in May. S&P 500 futures rose 1.2 points and were slightly below fair value, a formula that evaluates pricing by taking into account interest rates, di... [Full Article]
LONDON (Reuters) - The number of job vacancies in London's financial services sector rose 20 percent between April and May as employers took comfort from more stable financial markets, a recruiter said on Monday. Job vacancies in one of the world's top financial centres rose to 6,426 last month, up from 5,355 in April, according to Morgan... [Full Article]
(Reuters) - Apple received over the last six months between 4,000 and 5,000 requests for customer data from U.S. law enforcement authorities relating to criminal investigations and national security matters, the company said on Monday. Microsoft and Facebook Inc published similar data last week after reaching a deal about disclosures with U.S. nati... [Full Article]
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