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Hong Kong, Shanghai Stocks End Week With Gains
Saturday, 19 January 2019 05:20 WIB

Hong Kong stocks finished another healthy week on a positive note Friday as investors cheered a report that the US is considering lifting Chinese tariffs in a bid to hammer out a trade deal between the world's top two economies. The Hang Seng Index rose 1.25 percent, or 335.18 points, to end at 27,090.81. And the benchmark Shanghai Composite Index climbed 1.42 percent, or 36.37 points, to...

UK retail sales drop 0.9% m/m in December, miss estimates
Friday, 18 January 2019 16:40 WIB

The UK retail sales contracted 0.9% over the month in December, missing market expectations by a small margin while core retail sales stripping the auto motor fuel sales also dropped 1.3% m/m. On an annualized basis, the UK retail sales fell 3.0% in December versus 3.6% expected while the core retail sales also declined 2.6% in the reported month versus 3.5% previous and 3.9%...

U.S. Oil Prices Finish Higher, Lift Weekly Gain to More Than 4%
Saturday, 19 January 2019 03:04 WIB

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of more than 4% as optimism surrounding progress toward a resolution of the U.S.-China trade dispute eased worries about energy demand. Data from Baker Hughes Friday also revealed a drop in the U.S. oil-rig count for this week, the largest such decline in nearly three years. February West Texas Intermediate oil rose $1.73,...

Suicide Truck Bombing in Colombia Kills At Least 21
Saturday, 19 January 2019 00:39 WIB

A suicide truck bombing on a police academy Thursday in Colombia killed at least 21 people and wounded at least 68. Colombian President Ivan Duque canceled a meeting that was to have been held in western Colombia and rushed back to visit the blast site near Bogota. œThis is an attack not only against the young, the security forces or the police. It™s an attack against...

Draghi Says Economy Weaker Than Expected Amid Global Uncertainty
Tuesday, 15 January 2019 23:46 WIB

Soft economic data underline the continued need for European Central Bank stimulus, according to President Mario Draghi. œRecent economic developments have been weaker than expected and uncertainties, notably related to global factors, remain prominent, Draghi told members of the European Parliament in Strasbourg. œA significant amount of...

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