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US adds 206,000 jobs in June, more than estimates of 191,000

ISTANBUL: The US economy added 206,000 jobs in June, more than market estimates, according to Labor Department figures released Friday.

The market expectation for nonfarm payrolls was to show a gain of 191,000 last month.

Job additions for May, on t…

UK house prices remain largely flat in June

ISTANBUL: UK house prices remained largely flat in June, down only 0.2% month-on-month, according to a report by the British bank Halifax.

The report stated that the annual growth rate for house prices was slightly up 1.6% year-on-year.

It highlight…

Foxconn’s Q2 revenues up by over 19%

ISTANBUL: Taiwan-based semiconductor giant Foxconn’s second-quarter revenues increased by 19.12% year-on-year, according to the firm’s release on Friday.

The firm’s revenue totaled 1.5 trillion New Taiwanese dollars ($46.25 billion) in the April-June…