Wal-Mart staff turnover down after hike in minimum wage
Reuters - 5 Jun 2015 Wal-Mart Stores (WMT.N) has been losing fewer workers to turnover since it raised its minimum wage in April, the retailer's chief executive said on Friday, the first time it has reported a benefit of the new higher wages. Wal-Mart increased its minimum pay to $9 an hour for its U.S. staff in April, providing...
Malaysia’s Ringgit Sinks to 9-Year Low vs USD
(8 Jun) - A selloff in some emerging-market currencies took another leg down on Monday, fueled by the prospect of higher interest rates in the U.S. Malaysia’s currency, the ringgit, plunged to a nine-year low against the dollar before reversing course later in the day. Exacerbating weakness in the ringgit is heightened scrutiny...
Turkey’s ruling AKP loses majority in surprise result
Click here for video. Turkey's governing AK party has lost its parliamentary majority for the first time in 13 years, near-complete election results show The surprise outcome also sees the pro-Kurdish HDP crossing the 10% threshold, securing seats for the first time. With 99% of the vote counted, the AKP has 41% of the vote,...
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