Wednesday, 16 October 2019 10:39 WIB
Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted blue-chip exporters, while chip-related stocks advanced, taking their cue from Wall Street peers.
The benchmark Nikkei average rose as much as 1.8% to 22,615.47, its highest intra-day level since Dec. 3 in early trade, following gains of 1.9% on Tuesday. It ended the morning session up 1.5%.
Thursday, 10 October 2019 20:04 WIB
A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months.
The core consumer price index, which excludes food and energy, increased 0.1% from the prior month, a Labor Department report showed Thursday, below the...
Wednesday, 16 October 2019 09:17 WIB
Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and China to reach even a limited trade deal.
Futures in New York edged higher after dropping 3.5% over the previous two sessions. Beijing wants a rollback in tariffs before it agrees to buy as much as $50 billion of U.S. agriculture products that President Donald Trump...