Saturday, 28 March 2020 03:16 WIB
Hong Kong stocks rose Friday, closing a healthy week on a positive note as investors welcomed a blockbuster US stimulus plan and pledges by the Federal Reserve to ease liquidity concerns.
The Hang Seng Index added 0.56 percent, or 131.94 points, to close at 23,484.28.
The benchmark Shanghai Composite Index advanced 0.26 percent, or 7.29 points, to 2,772.20 but the Shenzhen Composite Index on...
Thursday, 26 March 2020 20:43 WIB
The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down and companies laid off scores of workers to cope with the coronavirus pandemic.
The seasonally adjusted increase in initial jobless claims from March 15 to March 21 was the largest ever, easily crushing the previous record of 695,000 in 1982....
Saturday, 28 March 2020 01:59 WIB
Oil futures fell Friday, with the slowdown in energy demand sending prices down for a fifth straight week. U.S. benchmark prices, however, found modest support after Baker Hughes reported that the number of active U.S. oil rigs fell by 40 to 624 this week, indicating a likely decline in production.
May West Texas Intermediate oil fell $1.09, or 4.8%, to settle $21.51 a barrel on the New York...