Monday, 19 March 2018 11:01 WIB
Japan™s Nikkei share average dropped to more than a one-week low on Monday morning as investors repsonded to opinion polls showing falling support for Prime Minister Shinzo Abe amid a cronyism scandal that has gripped the country.
The Nikkei fell 1.2 percent to 21,424.13 in midmorning trade, dropping below its 25-day moving average of 21,671.87. Earlier it fell as low as 21,366.88, its lowest...
Friday, 16 March 2018 19:59 WIB
Construction on new houses fell 7% in February, but housing starts are still close to a postrecession high and builders show no sign of slowing down.
Housing starts declined to an annual rate of 1.24 million last month from a revised 1.33 million in January. The rate of construction in January was the highest since 2008.
Economists polled by MarketWatch has expected starts to total 1.29...
Monday, 19 March 2018 12:05 WIB
Gold heads for longest stretch of declines in almost a month, with Federal Reserve widely expected to raise interest rates this week and investors focusing on further guidance on pace of tightening.
Bullion for immediate delivery -0.2% to $1,312.26/oz at 12:24pm in Singapore, according to Bloomberg generic pricing; -0.7% last week. Bloomberg Dollar Spot Index little changed...