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Germany's Federal Employment Agency said on Friday seasonally adjusted Unemployment rose by 4,000 in August to 2.996 million, versus a market-expected increase of 5,000. The seasonally adjusted unemployment rate remained unchanged at 6.4%. Not season

2026-08-28

Germany's Federal Employment Agency said on Friday seasonally adjusted Unemployment rose by 4,000 in August to 2.996 million, versus a market-expected increase of 5,000. The seasonally adjusted unemployment rate remained unchanged at 6.4%. Not seasonally adjusted unemployment stayed above 3.0 million for a second month. Agency head Andrea Nahles said: "Even in August, beyond the usual seasonal changes, the labor market showed almost no vitality. This continues the weakness seen in recent months."

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2026-08-28

German Chancellor Merz: Today's young people have many opportunities, especially in skilled trades and vocational education. There are countless opportunities and possibilities.

German Chancellor Merz: Today's young people have many opportunities, especially in skilled trades and vocational education. There are countless opportunities and possibilities.
2026-08-28

The People's Bank of China (PBOC) announced today that it conducted 20 billion yuan of 7-day reverse repurchase operations, with both bids and winning bids amounting to 20 billion yuan. The interest rate for the operation was 1.40%.

The People's Bank of China (PBOC) announced today that it conducted 20 billion yuan of 7-day reverse repurchase operations, with both bids and winning bids amounting to 20 billion yuan. The interest rate for the operation was 1.40%.
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