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Hong Kong Shares Rebound as China Minsky Moment Fears Recede (Review)
Saturday, 21 October 2017 03:52 WIB

Hong Kong shares rebounded sharply on Friday, as investors scrambled for bargains among stocks bruised from the previous session sell-off, which was triggered by the Chinese central bank chief™s reference to a œMinsky moment. On Friday, the Hang Seng Index rose 1.2 percent, to 28,487.24 points, recovering much of Thursday 1.9 percent decline, and ending the week roughly flat. The Hong...

Philly Fed manufacturing index lurches to a 5-month high in October
Thursday, 19 October 2017 19:58 WIB

Manufacturing activity in the mid-Atlantic heated up in October, the Philadelphia Fed said Thursday. Its gauge jumped 4.1 points to 27.9, the strongest reading since May. Any reading over zero signals improving conditions. Economists had forecast a reading of 20.2. Source : Market Watch

Oil up for the session, little changed for the week
Saturday, 21 October 2017 01:56 WIB

Oil settled modestly higher on Friday to end little changed for the week. Prices found some support from data showing a third weekly decline in the number of active U.S. oil rigs. November West Texas Intermediate crude which expired at the settlement, rose 18 cents, or 0.4%, to finish at $51.47 a barrel on the New York Mercantile Exchange. The contract ended about 2 cents higher for the week....

US: North Korea Months Away From Being Able to Hit US with Nuclear Missile
Saturday, 21 October 2017 00:15 WIB

North Korea is likely just months away from being capable of striking the United States with a nuclear missile, according to two top U.S. officials. CIA Director Mike Pompeo told a forum in Washington on Thursday he is "deeply worried" about the advancing threat from North Korea and the possibility it could spark a nuclear arms race across East Asia. "We ought to behave as...

RBA Reaffirms Growth to 'Increase Gradually' Backed by Low Rates
Tuesday, 17 October 2017 08:29 WIB

The Reserve Bank of Australia says economic conditions at home and abroad œhad been more positive since 2016, according to minutesof this month policy meeting where interest rates were left unchanged. National accounts indicated private non-mining business investment increased in the June quarter to be almost 10% higher than at the start of 2016 Public consumption had...

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