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Markets have priced in a Fed rate cut in June as well. Some traders even bet on a May rate cut by the Fed after US employers added a surprisingly robust 275,000 jobs last month, even while figures for prior months were revised down to show fewer job gains. ― Reuters pic

Global stocks backpedal from record highs on US payrolls, yields dip

Bitcoin rallied to a record high today in volatile trade, as crypto mania continued to sweep through the investment community. — Reuters pic

Bitcoin rises to record high over US$70,000

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City March 7, 2024. — Reuters pic

Stock markets rise after US jobs report

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Hong Kong Engineers Week 2024 Career Fairs: Deepening students' interest in engineering and learning about future development opportunities

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CLAP@JC Conference connects international experts to promote a successful transition from education to work for Hong Kong’s young people

Construction workers erect a building in downtown Miami, Florida June 14, 2023. Hiring in the US stayed robust in February while unemployment crept up, US Department of Labour data showed on March 8, 2024. — AFP pic

US job growth accelerates in February; unemployment rate rises to 3.9pc

People walk in front of the Bank of Japan building in Tokyo January 23, 2024. — Reuters pic

Sources: BoJ leaning toward exiting negative rates in March 

The ringgit extended its uptrend to end the week firmer against the US dollar today, lifted by improved sentiments amid hopes for easier global monetary policies this year. — Picture by Sayuti Zainudin

Improved sentiment lifts ringgit higher versus US dollar

Workers sift wheat before filling in sacks at the market yard of the Agriculture Product Marketing Committee (APMC) on the outskirts of Ahmedabad, India, May 16, 2022. — Reuters pic

World food price index falls in February for seventh straight month, says UN agency

Deputy Tourism, Arts and Culture Minister Khairul Firdaus Akbar Khan (centre) witnesses the exchange of Memorandum of Collaboration between Tourism Malaysia director-general Manoharan Periasamy (left) and Mastercard Division President, South-east Asia Safdar Khan in Kuala Lumpur March 8, 2024. — Bernama pic

Tourism Malaysia, Mastercard forge strategic partnership to elevate Visit Malaysia Year 2026

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Johnson Electric and Aegis Sortation to Showcase Warehouse Automation Innovations at MODEX 2024

French Defence Minister Sebastien Lecornu leaves following the weekly cabinet meeting at the Elysee Palace in Paris March 6, 2024. — Reuters pic

French defence companies to build military equipment on Ukrainian soil, says minister

Bursa Malaysia closed marginally higher today in line with the positive tone from the regional markets, ahead of the US Nonfarm Payrolls data announcement tonight. — Picture Ahmad Zamzahuri

Bursa Malaysia closes marginally higher

The logo of Danish drugmaker Novo Nordisk, Copenhagen September 26, 2023. — Reuters pic

Novo Nordisk confident of amycretin obesity drug launch this decade 

A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt March 16, 2023. — Reuters pic

ECB rate cut likely in ‘spring’: French central bank chief

MIDF Research said Malaysia’s labour market maintained an improving trend as the unemployment rate was kept at a post-pandemic low of 3.3 per cent in January 2024 with the labour force and employment growing steadily by 1.8 per cent and two per cent year-on-year respectively. — Picture by Firdaus Latif

Malaysia’s job market continues uptrend, says MIDF Research