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Japan's Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher Wednesday, with Japan's Nikkei 225 hitting a record high, as investors appeared to look past uncertainty over U.S.-Iran negotiations aimed at ending the Middle East conflict. Tensions have escalated between Washington and Tehran, with Secretary of State Marco Rubio saying on Tuesday that Iran has mined "large segments" of the Strait of Hormuz. "They're firing on commercial ships and they've mined large segments of Hormuz — international waters," Rubio told...
Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live
Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%UK companies opting to hire temporary workers over permanent staff, recruitment firms sayBritain’s jobs market cooled rapidly in May after employers cut back on hiring permanent staff, a survey this morning shows. The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job placements fell at the fastest pace since July...
UK house prices fall for first time this year as Middle East crisis hits confidence – business live
British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reportsHere’s some snap reaction to the news that UK house prices dropped last month for the first time this year:Tom Bill, head of UK residential research at Knight Frank:“This is further evidence that the housing market slowed down at precisely the time of year when you would expect momentum to be building. There won’t be a cliff-edge moment, but the impact of higher borrowing costs will erode...
Asia-Pacific markets set to open lower on renewed Middle East tensions
Asia-Pacific markets were set to open lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones, as well as launched "self-defense strikes" on Qeshm Island in the Persian Gulf. This was in response to "attempted attacks" by...
Stock market jitters remain amid tech fears and renewed Middle East attacks
Markets in Asia are hit by a tech sell-off, and oil is volatile as Iran and Israel launch attacks on each other.
UK companies opting to hire temporary workers over permanent staff, recruitment firms say
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).
UK companies opting to hire temporary workers over permanent staff, recruitment firms say
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).
UK companies opting to hire temporary workers over permanent staff, recruitment firms say
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).
UK companies opting to hire temporary workers over permanent staff, recruitment firms say
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).