US job growth accelerated in September, but the unemployment rate increased to a four-year high of 4.4% and the economy in August shed jobs for the second time this year as employers navigate an uncertain environment.
The Congressional Budget Office (CBO) slashed its estimate of longer-term US fiscal savings from President Donald Trump’s tariff hikes by US$1 trillion (RM4.14 trillion), in a move that may deepen concerns about American borrowing needs.
Stocks in Asia were set to decline after a turbulent session on Wall Street, where a brief Nvidia Corp-led relief rally quickly faded and investors pulled back from riskier assets such as cryptocurrencies.
Oxfam and local organisations, government agencies and private sector partners concluded their five-year Fair for All (F4A) project to address systemic challenges in the banana and rubber value chains.
