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Asian markets fall on rate fears as bond yields rise
Asian markets fall on rate fears as bond yields rise
by  AFP

Asian markets fell across the board Wednesday following Wall Street's lead after robust US employment data and rising Treasury yields exacerbated fears that interest rates will be higher for longer. Treasury bond yields are seen as a proxy for US interest rates and are closely watched.

US jobseekers face tougher search despite robust market
US jobseekers face tougher search despite robust market
by  AFP

For the past year, Taylor Simpson has been searching for a stable job while working part-time, but she is struggling to find a position she likes even though companies are hiring. As hiring in the United States cools, jobseekers like 24-year-old Simpson have a harder time finding suitable work, even as data suggests the labor market remains strong.

United orders 110 new planes from Boeing, Airbus
United orders 110 new planes from Boeing, Airbus
by  AFP

United Airlines announced Tuesday it had ordered a total of 110 new planes from Boeing and Airbus, and secured options to purchase 90 more, in a major deal signaling confidence in the aviation sector. United also announced it had secured new options for 50 more Boeing 787s and purchase rights for an additional 40 A321neos from Airbus "at the end of the decade."

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