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Job cuts rise in November, forcing employees to focus on career amortization

Job cuts rise in November, forcing employees to focus on career amortization

Holger Scheibe | The image bank | Getty Images The rate of job cut announcements among U.S. employers in November was more than five times higher than a year ago, according to a report by Challenger, Gray & Christmas. Overall, US-based companies announced 76,835 job cuts in November, led by the technology sector. So far …

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Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …

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Home prices are expected to continue to rise next year: Here's where

Home prices are expected to continue to rise next year: Here’s where

Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …

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China EV stocks rise above key level as Great Overhang begins to lift

China EV stocks rise above key level as Great Overhang begins to lift

Sales of electric vehicles in China are expected to increase in a seasonal November, with Nio (NIO) is poised to rebound as supply headwinds ease and new models surge. XPeng (XPEV) surged on Wednesday, driving Chinese electric vehicle stocks sharply higher after a better-than-expected fourth-quarter delivery outlook. More signs emerged on Wednesday of a shift …

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Asian stocks and oil prices rise as Chinese speculation swirls

Asian stocks and oil prices rise as Chinese speculation swirls

https://tmsnrt.rs/2zpUAr4 China real estate stocks rally in political support Euro targets 5-month high, dollar nearly 3-month low against yen Oil prices bounce off China hopes, talk of production cuts SYDNEY, Nov 29 (Reuters) – Asian stocks rallied on Tuesday as Beijing’s latest move to prop up developers boosted the property sector and rumors swirled that …

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Hong Kong stocks rise nearly 4% ahead of Chinese Covid briefing

Hong Kong stocks rise nearly 4% ahead of Chinese Covid briefing

Chinese clues appear ahead of Covid briefing Indices in China jumped more than 2% as investors closely watched developments in the national zero-Covid policy after posting losses in the previous session. The Chinese CSI 300 index rose 2.97% during the morning session, while the Shanghai composite climbed 2.2%. The Shenzhen Component The index gained 2.172%. …

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Asian stocks rise except for Japan as markets watch China protests

Asian stocks rise except for Japan as markets watch China protests

TOKYO (AP) — Asian stocks were mostly higher on Tuesday as market jitters eased following protests in China sparked by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while stocks fell in Japan. Oil prices have fallen. Japanese government data released on Tuesday showed the unemployment …

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Inflation is down.  Here's what that means for your annual pay rise

Inflation is down. Here’s what that means for your annual pay rise

Fizz | Istock | Getty Images Inflation and annual salary are not in a one-to-one relationship. That became clear to many workers last year when their annual merit increases to wages and salaries were nowhere near four-decade highs for inflation. Many employees grumbled, even though the salary was increased by more than had been normal …

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