Saturday, 30 May 2020 03:29 WIB
Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US response to China's plans to impose a security law on the financial hub.
The Hang Seng Index fell 0.74 percent, or 171.29 points, to 22,961.47.
The benchmark Shanghai Composite Index rose 0.22 percent, or 6.13 points, to 2,852.35, while the Shenzhen...
Thursday, 28 May 2020 19:53 WIB
The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revision, the Commerce Department said.
Looking ahead, economists surveyed by MarketWatch predict GDP will plunge at a 27.7% annual rate as people stayed home to try to stem the spread of the...
Saturday, 30 May 2020 02:12 WIB
U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eye developments tied to Hong Kong related tensions between the U.S. and China, and as another drop in U.S. oil rigs suggested further domestic production declines.
U.S. prices ended the month with a gain of 88%, based on the front months, to mark the best monthly performance on record, according to Dow Jones...