Saturday, 19 August 2017 04:32 WIB
Hong Kong shares finished down on Friday, tracking weak global markets after the S&P 500 recorded its biggest percentage drop in three months on Thursday amid growing doubts over the Trump administration's ability to implement its economic agenda.
The Hang Seng index fell 1.1 percent, to 27,047.57 points, while the China Enterprises Index lost 1.0 percent, to 10,693.65 points.
Thursday, 17 August 2017 20:34 WIB
Mid-Atlantic manufacturers reported slightly slower, but still positive, growth in August, according to a report out Thursday.
The factory activity survey from the Philadelphia Federal Reserve fell to 18.9 from 19.5, the regional bank said. Economists had expected a steeper decline, to 17.0.
But the report™s details were stronger than the headline. The new orders gauge surged to 20.4 from...
Saturday, 19 August 2017 02:10 WIB
Oil prices settled sharply higher Friday, buoyed by unconfirmed reports of a unit shutdown at a major U.S. refinery, as well as a weekly decline in the active drilling rig count for oil.
September WTI crude rose $1.42, or 3%, to settle at $48.51 a barrel on the New York Mercantile Exchange. That was its highest finish in a week, but it still lost 0.6% from last Friday finish.