Wednesday, 29 January 2020 08:56 WIB
Hong Kong stocks tanked more than three percent at the start of trade Wednesday as investors returned from the Lunar New Year break with markets panicked by the spread of a deadly virus from China.
The Hang Seng index dived 3.03 percent, or 848.10 points, to start the day at 27,101.54.
Chinese markets were still closed for the holidays.
Source : AFP
Wednesday, 29 January 2020 07:47 WIB
Australia, like much of the developed world, has struggled to rekindle inflation as wages stagnate and intensified competition keeps prices in check.
The central bank focuses on core inflation, a combination of the trimmed mean and weighted median gauges, that smooths out sharp fluctuations. The statistics bureau released the data in Sydney Wednesday.
CPI rose 0.7% Q/Q vs est. 0.6%...
Wednesday, 29 January 2020 08:48 WIB
Gold held a drop as investors weighed the threat from the deadly coronavirus after a rally overnight on Wall Street signaled reduced demand for haven assets.
In the U.S., the S&P 500 added 1% Tuesday as technology shares climbed and traders digested positive U.S. consumer confidence and home price data. Governments tightened international travel and border crossings...