Shares are mixed in Asia after China reported its exports jumped nearly 10% in dollar terms in September as its economy recovered from the coronavirus pandemic
By ELAINE KURTENBACH AP Business Writer
October 13, 2020, 6:37 AM
• 4 min read
Shares were mixed in Asia on Tuesday, as investors were encouraged by strong growth in China’s trade in September.
An overnight rally on Wall Street, driven mainly by technology companies such as Apple and Amazon, faded amid worries over U.S. economic stimulus and a resurgence of coronavirus caseloads in many countries.
But the release of stronger trade data in Beijing helped Tokyo recover from early losses. Shanghai declined. Hong Kong’s market was closed for a typhoon.
China’s exports rose 9.9% from a year earlier to $239.8 billion in September, while imports gained 13.2% to $202.8 billion. Tuesday’s customs data showed
CompTIA’s tracker shows overall gains but IT-related job losses. BLS shows a second consecutive month of growth.
A new jobs’ report shows a mix of good and not-so-good news in the IT sector, with employment gains and disappointing news in IT occupation job losses, according to analysis by the nonprofit association for the global technology industry CompTIA, in its IT Employment Tracker for October.
This was confirmed by the monthly data from the US Bureau of Labor Statistics (BLS), which noted that recovery from the COVID-19 crisis remains both unpredictable and uncertain. While many businesses are still operating in the new normal, some have fully returned to the office, others are doing some combination of the two.
An estimated 12,900 new net workers in tech and non-tech jobs were recorded by the sector for its industry for September, the second consecutive month in which there was
Alexa, when is Amazon Prime Day? We finally got the answer this week, as Amazon announced its annual “Prime Day” sales event will kick off at midnight Pacific Time on Tuesday, October 13, and run through Wednesday, October 14. Prime Day came to life on July 15, 2015, as a way to celebrate Amazon’s 20th birthday, offering deep discounts to Prime members across a wide variety of categories. Each year, the event has grown larger. In 2019, Prime members worldwide purchased more than 175 million items, resulting in sales that surpassed Black Friday and Cyber Monday combined. Amazon’s own Echo and Fire branded products have typically been the bestselling products, often enticing customers to purchase Amazon Prime memberships.
White House physician Sean Conley said Saturday he was “extremely happy” with President Donald Trump’s progress since going to the hospital with a coronavirus infection.
Trump went to Walter Reed National Medical Center in Bethesda, Maryland, on Friday after experiencing fever and fatigue. Conley said Saturday that Trump had been fever-free for 24 hours and that he did not need any supplemental oxygen.
Trump announced early Friday that he and first lady Melania Trump had tested positive for COVID-19 and were experiencing symptoms.
In contrast to Conley’s rosy assessment, a source with knowledge of the president’s health said, “The president’s vitals over the last 24 hours were very concerning and the next 48 hours will be critical in terms of his care.”
“We’re still not on a clear path to a full recovery,” the source said.
More than 10 people who were in close contact with Trump or White House
DOWNERS GROVE, Ill., Oct. 2, 2020 /PRNewswire/ — The latest data from the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation report confirms a recovery that remains uneven and unpredictable. Mirroring this pattern, the #JobsReport shows a mix of good news in IT sector employment gains and disappointing news in IT occupation job losses, according to analysis by CompTIA, the nonprofit association for the global technology industry and workforce.
The tech sector recorded its second consecutive month of employment growth, adding an estimated 12,900 net new workers in both technical and non-technical positions. The IT services and custom software development category led the way in job gains, with positive growth also coming in tech manufacturing and the information services category.
The industry’s employment growth was countered by an unexpected loss of 324,000 tech occupation jobs, which span all industry sectors across the economy. As always, caution should be
TOKYO (AP) – Asian shares were mixed Friday following a selloff of technology shares on Wall Street.
Japan’s benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea’s Kospi dropped 0.8% to 2,377.92, while Australia’s S&P;/ASX 200 lost 0.8% to 5,860.50. Hong Kong’s Hang Seng gained 0.3% to 24,394.06, while the Shanghai Composite slipped 0.2% to 3,228.01.
Shares were lower in Taiwan and Southeast Asia.
Analysts say investors are preoccupied with the coronavirus pandemic and hopes for development of a safe, effective vaccine.
While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices have surged too high.
“Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off,” said Stephen Innes, chief global market strategist at AxiCorp.
The matter between the stars in a galaxy—called the interstellar medium—consists not only of gas, but also of a great deal of dust. At some point in time, stars and planets originated in such an environment, because the dust particles can clump together and merge into celestial bodies. Important chemical processes also take place on these particles, from which complex organic—possibly even prebiotic—molecules emerge.
However, for these processes to be possible, there has to be water. In particularly cold cosmic environments, water occurs in the form of ice. Until now, however, the connection between ice and dust in these regions of space was unclear. A research team from Friedrich Schiller University Jena and the Max Planck Institute for
(Reuters) – Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly.
Stocks also reacted positively to news of efforts to enact further stimulus in Washington, helping lift the S&P to a session high, although the index then turned negative before retracing some gains.
Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Nvidia Corp NVDA.O and Facebook Inc .FB.O, stocks that have outperformed at a time of increased economic uncertainty, all rose.
The wild session indicated caution was in store, said Dennis Dick, a trader at Bright Trading LLC, who warned market sentiment that drove momentum has sharply changed.
“Fear of missing out has turned into to fear of losing actual money,” Dick said. “This is a shakeout of all