Wednesday, 26 February 2020 04:23 WIB
Hong Kong stocks snapped a three-day losing streak Tuesday to end with a small gain on bargain buying, but investors remain on edge over fears of a coronavirus pandemic.
The Hang Seng Index rose 0.3 percent, or 72.35 points, to close at 26,893.23.
The benchmark Shanghai Composite Index shed 0.6 percent, or 18.18 points, to 3,013.05 but the Shenzhen Composite Index, which tracks stocks on...
Tuesday, 25 February 2020 22:17 WIB
U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus.
The Conference Board™s reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell...
Wednesday, 26 February 2020 02:53 WIB
Oil fell below $55 a barrel on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.
Crude fell almost 4% on Monday, with other commodities also reporting losses while U.S. and European equities suffered their steepest declines since mid-2016 on concern the coronavirus outbreak could...