US Jobs Report Shows Robust Hiring But Also Signs of Slowing Momentum
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U.S. jobs report showed strong hiring but also signs of cooling in the labor market, with a higher unemployment rate and downward revisions to recent months' data. Unclear if this will impact the Fed's interest rate path.
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Asian stocks mostly lower on Monday, though Hong Kong and China indexes bucked the downward trend.
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China warned real estate developers they won't receive a major bailout and must go bankrupt if necessary. Those harming public interests will be punished.
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India signed a $100 billion free trade agreement with 4 non-EU countries that will remove most tariffs.
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AirAsia's CEO Tony Fernandes said he has no regrets over a viral topless massage photo, stating it showed the company's flexible culture.