01 Apr '11, 10pm

US markets boosted by falling unemployment

US markets boosted by falling unemployment

NEW YORK - US stock markets rose Friday as traders welcomed a drop in US unemployment. Consumer goods firms led the Dow's rise, after news that the US jobless rate fell for the fourth straight month in March, to 8.8 percent from 8.9 percent in February, official data showed. It was the lowest level of unemployment since March 2009, thanks to stronger job creation, the Labor Department said in a report signaling a turnaround in the troubled labor market. "Stocks ended the week on a positive note after a strong March US employment report boosted optimism," said Michael Bratus of Moody's Analytics. The Dow Jones Industrial Average of 30 blue-chip stocks added 56.99 points (0.46 percent) to 12,376.72 by the closing bell. The broad-based S&P 500 index rose 6.58 points (0.50 percent) to 1,332.41, while the tech-heavy Nasdaq Composite gained 8.53 points (0.31 percent) at 2,789.60...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

#singnews Home prices falling in most major US cities: NEW YORK - HOME prices are falling in most maj... #worldnews

#singnews Home prices falling in most major US ...

straitstimes.com 29 Mar '11, 2pm

Home prices are falling in most major US cities, and the average prices in four of them are at their lowest point in 11 ye...

US tags Quiapo as one of world's 'notorious mar...

sg.news.yahoo.com 08 Apr '11, 12am

MANILA, Philippines - Quiapo district in Manila has been identified as among the “notorious markets” around the world in w...

US pastor knew 'violent reaction' likely to Kor...

channelnewsasia.com 01 Apr '11, 10pm

LONDON - US pastor Terry Jones said he knew there could be a "violent reaction" to a Koran-burning at his church, after se...

LED Screen: Samsung Tops LCD & LED HDTV Markets

LED Screen: Samsung Tops LCD & LED HDTV Markets

hardwarezone.com 05 Apr '11, 2am

Samsung Tops LCD & LED HDTV Markets For Units Shipped In February Television vendors would publish flattering sales figure...

US plane makes emergency landing

US plane makes emergency landing

channelnewsasia.com 04 Apr '11, 12am

WASHINGTON: An American Airlines flight made an emergency landing at New York's John F. Kennedy International Airport on S...

Hole in aircraft forces landing in US

Hole in aircraft forces landing in US

channelnewsasia.com 02 Apr '11, 2am

WASHINGTON: A Southwest Airlines flight made an emergency landing in Arizona on Friday after a hole blew in the top of the...

US stocks flat on cloud of worries

US stocks flat on cloud of worries

channelnewsasia.com 05 Apr '11, 10pm

NEW YORK: US stocks closed flat on Tuesday, with sentiment dampened by data showing slower growth in the crucial services ...

US pastor inflames Afghanistan violence further...

straitstimes.com 02 Apr '11, 10am

Dove World Outreach Center pastor Terry Jones said in a statement, 'Islam is not a religion of peace.' -- PHOTO: REUTERS G...

IMF seeks ability to tap into financial markets

channelnewsasia.com 08 Apr '11, 1am

WASHINGTON: The International Monetary Fund (IMF) has proposed a plan to allow the multilateral lender to directly tap int...