US weekly jobless claims decline further https://ift.tt/Kgezlxr is still no sign that high-profile layoffs, mostly in the technology sector, have had a material impact on the labor market, with economists and policymakers saying these companies over-hired during the pandemic and were not representative of the overall economy. Economists also speculate that severance packages were keeping some laid off workers from filing claims.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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