Wall Street stocks gain on optimism for US economy
New York - US stocks rose Wednesday after three separate reports offered signs that the US recovery is gaining steam. Consumer spending and new home sales rose more than expected in October, while weekly jobless claims dropped to their lowest rate si...
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New Zealand's unemployment rate climbs to 6.5 per cent
Wellington - New Zealand's unemployment rate, which has been rising steadily for nearly two years, reached 6.5 per cent in the September quarter, according to official figures released Thursday. A rise of 12,000 in the jobless total to 150,000 means ...
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US stocks climb slightly despite double-digit jobless rate
New York - US stocks posted mild gains Friday to end the week as investors shrugged off government figures that put the unemployment rate above 10 per cent. The Labour Department said the jobless rate hit 10.2 per cent in the month of October, the hi...
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Hong Kong man in drag used dead wife's gym membership
Hong Kong - A jobless widower appeared in court dressed as a woman after being caught using his dead wife's identity to exercise at a luxury gym, a court report said Tuesday. Lau Siu-wah, 51, gained access to the Physical Fitness and Beauty gym at th...
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Asia (World) ]
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US jobless rate jumps to 10.2 per cent
Washington - The US unemployment rate surged to 10.2 per cent in October as another 190,000 people lost their jobs, according to US Labour Department figures released Friday. The jobless rate stood at 9.8 per cent in September. Unemployment had been ...
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US (Business) ]
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Hong Kong's jobless rate edges downwards
Hong Kong - Hong Kong's unemployment rate fell for the second consecutive month, another sign of its economic recovery, according to government figures Tuesday. Hong Kong's jobless rate fell by 0.1 percentage points to 5.2 per cent of the working pop...
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