Large US companies are set to lay off at least 52,000 workers as the jobs market cools, according to FT
The news of large US companies planning to lay off at least 52,000 workers highlights a cooling jobs market, which could signal broader economic weakness.
LG Electronics (066570 KS) final Q4 (KRW) loss 828bln, oper. loss 109bln (prelim. loss 109bln), rev. 23.9tln (prelim. 23.9tln)
Tokyo Gas (9531 JT) 9-month (JPY) net 166.3bln (prev. 33.5bln Y/Y)
Large US companies are set to lay off at least 52,000 workers as the jobs market cools, according to FT
White House says President Trump will sign executive orders at 11:00EST/16:00GMT and is participating in a policy meeting at 14:00EST/19:00GMT
UK and China weigh a cross-border asset management scheme to deepen market ties, according to SCMP
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This trend may influence market sentiment and raise concerns over future consumer spending and growth prospects, potentially shaping monetary policy expectations. Traders should consider the implications for sectors sensitive to employment trends and consumer demand.
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