US unemployment falls to 5.1%, lowest since April 2008

Last Updated: Friday, September 4, 2015, 19:03

The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.

Asian shares edge down, oil stabilises after rout

Last Updated: Tuesday, August 4, 2015, 06:58

Asian shares edged lower on Tuesday after downbeat economic data pressured Wall Street ahead of key U.S. jobs data later this week that could provide a key clue to the timing of the U.S. Federal Reserve`s interest rate increase.

Dollar steady after Obama denies surging unit comment

Last Updated: Tuesday, June 9, 2015, 12:43

In Tokyo afternoon trade, the US unit fetched 124.45 yen, against 124.47 yen in New York and 125.52 yen in Tokyo earlier Monday.

Gold price extends losses below $1,200; all eyes on US jobs report

Last Updated: Friday, May 8, 2015, 09:06

Spot gold eased 0.1 percent to USD 1,182.88 an ounce, after losing 0.6 percent in the previous session.

Gold price clings to gains; US jobs data, rate outlook eyed

Last Updated: Tuesday, May 5, 2015, 14:06

Gold retained overnight gains on Tuesday but was stuck below $1,200 an ounce as investors waited on U.S. nonfarm payrolls later in the week for clues on when the Federal Reserve will hike interest rates.

Gold price extends gains as weak US jobs data dents rate-hike hopes

Last Updated: Monday, April 6, 2015, 16:40

Gold gained for a second straight session to trade near a three-week high on Monday after U.S. jobs rose at the slowest pace in more than a year, fuelling expectations the Federal Reserve could postpone an anticipated rate increase.

US Treasuries rally, equity futures drop after jobs data

Last Updated: Friday, April 3, 2015, 22:45

The US jobs data reduced the market`s expectations for a Federal Reserve interest rate increase by September.

Asian shares sluggish, oil drifts lower

Last Updated: Monday, March 30, 2015, 09:17

Asian stock markets were subdued on Monday in a week book-ended with Easter holidays across the globe and a U.S. jobs report that could affect the timing of the first hike in interest rates there.

Oil prices steady after pre-weekend slide

Last Updated: Monday, March 9, 2015, 18:28

Oil prices steadied Monday after sliding before the weekend as the dollar strengthened in the wake of robust jobs data in the United States, the world`s biggest consumer of crude.

America's resurgence is real: Barack Obama

Last Updated: Thursday, January 8, 2015, 16:08

Hailing the revival of economy and jobs growth in the US, President Barack Obama has said that the worst of the crisis is over and there is no looking back.

2014 best year of job creation in US since 1990s: Barack Obama

Last Updated: Saturday, December 6, 2014, 17:57

2014 is the best year of job creation in the US since the 1990s with 2.65 million new jobs created during the period with still one month to go, President Barack Obama said on Friday as he defended his economic policies.