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Author Archives: Top News Editor

U.S. Weekly Jobless Claims Unexpectedly Inch Up To 250,000

With the release of the closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended December 30th. The report said initial ...

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UK Services Activity Growth Exceeds Expectations

British services activity growth exceeded expectations at the end of 2017 despite the Brexit-related uncertainty weighing on business investment. The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers’ Index rose to 54.2 in December from 53.8 in November, ...

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German Unemployment Declines, Rate At Record Low

Germany’s unemployment decreased notably and the rate hit a record low in December as companies raised employment amid improving economic conditions. The number of people out of work declined 29,000 in December from November, when it fell 20,000. The decrease ...

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UK Factory Activity Expands In December

The UK manufacturing activity grew strongly at the end of 2017, though the pace of expansion moderated slightly, data published by IHS Markit showed Tuesday. The IHS Markit/Chartered Institute of Procurement & Supply factory Purchasing Managers’ Index fell to 56.3 ...

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Singapore GDP Growth Slows In Q4

Singapore’s economic growth eased in the fourth quarter on weaker manufacturing, the advance estimate from the Ministry of Trade and Industry showed Tuesday. Gross domestic product expanded 3.1 percent year-on-year in the fourth quarter of 2017, following the 5.4 percent ...

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