S.Korea July inflation accelerates; staying at nine-year peak

SEOUL, Aug 3 (Reuters) – South Korea’s consumer inflation accelerated in July, staying at a nine-year peak marked in May, as hot weather conditions lifted prices of fresh food, while oil products and housing rental and other services costs continued rising. The consumer price index (CPI) last month rose 2.6% year-on-year, Statistics Korea data showed […]

India posts record daily rise in coronavirus deaths

India’s coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after it became the second country to cross the grim milestone of 20 million infections after the United states. Daily infections rose by 382,315 on Wednesday, health ministry data showed. Government modelling had pointed to a peak by Wednesday, a […]

Shares near record peak, dollar shuffles higher

World share indexes stayed near all-time highs on Tuesday and the dollar and government bond yields tip-toed higher, as some of the biggest global economies pushed on with easing COVID-19 restrictions. Sensitive cyclical sectors including mining, travel and energy helped drive modest early gains in Europe where British markets were also playing catch-up after an […]

Australia job ads rise 4.7% in April as demand for labour stays strong

Australian job advertisements climbed for an 11th straight month in April to reach their highest in 12 years, suggesting strong demand for labour will withstand the removal of some government emergency support programmes. Monday’s figures from Australia and New Zealand Banking Group (ANZ.AX) showed total job ads grew 4.7% in April from March, when they rose 7.8%. […]