Tuesday, March 3

Economy

Saudi Arabiais currently undergoing tremendous growth and transformation and will have to digitise its economy by deploying the best web developers, coders, mobile application and e-commerce platform developers

SINGAPORE – Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week’s crucial inflation data.

Gold prices ticked up on Friday and were on track for a weekly gain, as recent economic data prompted traders to raise bets of an interest rate cut from the Federal Reserve later this year.

SINGAPORE – The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year.

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