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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

Tokyo stocks open higher

Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87. Source: AFP

ILO: Labor Inequality Threatens Social Cohesion
Tuesday, 21 January 2020 18:06 WIB | GLOBAL |Global

The International Labor Organization warns that rising unemployment and inequality are preventing people from working their way out of poverty and threatening social cohesion.

For the ninth consecutive year, the International Labor Organization reports global unemployment has remained stable at about 188 million people. But the agency says unemployment is projected to increase by around 2.5 million this year.

The ILO says the employment picture is actually worse than these figures indicate when one factors in the 285 million people who do not have enough paid work or have are no longer looking for work. By doing this, the agency says the current global unemployment rate of 5.4 percent goes up to 13 percent.

ILO Director-General Guy Ryder said this means more than 470 million people worldwide are either unemployed or underemployed. He said these people are unable to lift themselves out of poverty because they are working fewer paid hours than they would like or are underpaid for the work they do.

The report finds that significant inequalities in the workplace defined by gender, age and geographic location are growing. It said the gender gap is widening. In 2019, it notes the female labor force participation was 47 percent, which is 27 percent below the male percentage rate.

The situation for young people between the ages of 15 and 24 is even worse. The report says 262 million young people have no jobs and are receiving no skills training. Ryder said inequalities are politically unacceptable and politically unsustainable.

Source : VOA

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POPULAR NEWS
Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Oil slips as traders eye supply cut easing at OPEC meeting

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude LCOc1 fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude CLc1 was at $40.27 a barrel, down 28 cents. Oil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions that could dampen...

Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%. Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...

Hong Kong stocks rise at open

Hong Kong shares opened with gains Monday on fresh hopes for a coronavirus vaccine, while traders were also looking ahead to the start of the corporate earnings season. The Hang Seng Index rose 0.47 percent, or 121.39 points, to 25,848.80. The benchmark Shanghai Composite Index dipped 0.12 percent, or 3.94 points, to 3,379.39, while the Shenzhen Composite Index on China's second exchange added 0.35 percent, or 7.80 points, to 2,258.81. Sumber : AFP

Tokyo stocks open higher

Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87. Source: AFP

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