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Author Archives: Top News Editor

UK Unemployment Rate Falls Unexpectedly

Despite restrictions related to the coronavirus pandemic, the UK unemployment rate dropped unexpectedly in the three months to February as the government continues its job furlough scheme. The jobless rate fell to 4.9 percent in three months to February, data ...

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Dollar’s Weak Run Continues

The U.S. dollar weakened against other major currencies on Monday, as a drop in U.S. treasury yields amid rising hopes the interest rates will remain near zero levels for longer duration. Read Full Story

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China Logs Record Growth In Q1

China’s economy registered record growth in the first quarter of 2021, largely due to the extremely low base of comparison as the pandemic struck the economy in the same period last year. Gross domestic product advanced 18.3 percent on a ...

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U.S. Homebuilder Confidence Improves Modestly In April

Reflecting strong buyer demand, the National Association of Home Builders released a report on Thursday showing a modest increase in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to ...

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