HomeLatestXinhua world financial news abstract at 0900 GMT, Oct. 6

Xinhua world financial news abstract at 0900 GMT, Oct. 6

CHICAGO — Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday as U.S. jobless claims information had been higher than anticipated.

The most lively gold contract for December supply fell 3.00 U.S. {dollars}, or 0.16 p.c, to shut at 1,831.80 {dollars} per ounce. (US-Gold Futures)

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BERLIN — Germany’s Federal Network Agency (BNetzA) on Thursday warned of dangers to vitality provide posed by a doable chilly winter, regardless of enhancements in provide state of affairs, and the company’s head Klaus Mueller referred to as on shoppers to save lots of vitality.

In order to safe Germany’s fuel provide in the course of the winter, the 95 p.c goal for filling the nation’s fuel storage was reached forward of time in September, based on BNetzA’s standing report. (Germany-Energy Supply)

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GENEVA — The quantity of world merchandise commerce is now anticipated to develop by 0.8 p.c this yr, lower than half the 1.7 p.c enhance forecast in April, the World Trade Organization (WTO) mentioned.

According to the most recent WTO commerce forecast launched on Thursday, projections for development in international merchandise commerce in 2023 have been scaled again by WTO economists amid a continued hunch that started within the fourth quarter of 2022. (WTO-Trade-Forecast)

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TOKYO — Japan’s common month-to-month wages in inflation-adjusted phrases logged the seventeenth straight month of decline in August as value will increase continued to outpace nominal earnings development, official information confirmed on Friday.

Inflation-adjusted actual wages, a barometer of shopper buying energy, fell by 2.5 p.c from a yr earlier in August, based on the Ministry of Health, Labor and Welfare. (Japan-Real Wages-August)

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MANILA — The efficiency of producing manufacturing within the Philippines sustained its development in August, the Philippine Statistics Authority (PSA) mentioned Friday.

Based on the preliminary outcomes of a month-to-month survey, the PSA mentioned the year-on-year worth of manufacturing index (VaPI) and the amount of manufacturing index (VoPI) elevated by 9.1 p.c and eight.5 p.c in August, respectively. (Philippines-Manufacturing-Growth)

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