"ADP Nonfarm Employment Slightly Exceeds Expectations, Market Continues to Expect Fed to Hold Rates in March"

金十2026/03/04 13:29

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Golden Ten Data reported on March 4 that the ADP National Employment Report released on Wednesday showed that the increase in U.S. private sector employment in February exceeded expectations, but the data for the previous month was significantly revised downward. Last month, private sector employment increased by 63,000, while January's figure was revised from the previously announced increase of 22,000 to an increase of 11,000. In addition, the air strikes between the U.S. and Israel against Iran and Tehran's retaliatory actions have pushed up oil and gas prices, prompting traders to lower their expectations for interest rate cuts this year due to concerns that the conflict could fuel inflation. Currently, the likelihood of a rate cut in June has greatly diminished. The U.S. central bank kept its benchmark overnight rate in the 3.50%-3.75% range in January.

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Power Root bought back 134,300 ordinary shares on Oct. 7, 2026, paying MYR 147,891.13. Purchases were priced between MYR 1.08 and MYR 1.12; all shares were retained as treasury stock. Treasury shares rose to 16,051,800, representing 3.78% of issued shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Root Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712895) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:24

EPF Board trims IOI Corp stake, disposes 800,000 shares; holding at 18.651%

Malaysia’s EPF cut its stake in IOI Corp via the disposal of 800,000 ordinary shares on Oct. 2, 2026. EPF’s direct holding stood at 1,172,249,528 shares, equal to 18.65% of issued shares, following the transaction. The disclosure was dated Oct. 5, 2026, with the company receiving the notice on Oct. 7, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IOI Corporation Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712867) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:21

Elon Musk reportedly contacts TSMC, Intel CEO Pat Gelsinger quickly responds: Terafab collaboration continues

Intel (INTC.US) CEO Patrick Gelsinger stated that the company will continue its collaboration with Elon Musk on the Terafab project.

智通财经•2026/10/07 09:08