Saturday, 18 May 2019 03:11 WIB
Hong Kong stocks dived on Friday, topping off another torrid week, as investors fret about rising trade tensions between China and the United States.
The Hang Seng Index fell 1.16 percent, or 328.61 points, to 27,946.46.
The benchmark Shanghai Composite Index tumbled 2.48 percent, or 73.41 points, to 2,882.30, while the Shenzhen Composite Index, which tracks stocks on China's second exchange,...
Wednesday, 15 May 2019 19:53 WIB
U.S. retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of autos and building materials and suggesting consumer spending will remain subdued this quarter.
The value of overall sales declined 0.2% after a 1.7% increase the prior month that was the strongest gain since 2017, according to Commerce Department figures released...
Saturday, 18 May 2019 03:04 WIB
Oil futures finished lower Friday, with U.S. prices down for the first time in four sessions, but up for the week, as any potential demand worries tied to stock-market volatility were offset by supply concerns linked to Middle East tensions.
The price moves come ahead of a meeting Sunday of the Joint Ministerial Monitoring Committee of members and nonmembers of the Organization of the Petroleum...