Saturday, 15 June 2019 04:00 WIB
Hong Kong stocks fell Friday, capping a tumultuous week that saw a sharp sell-off fuelled by violent protests in the city, while investors are also unnerved by China-US trade uncertainty.
The Hang Seng Index fell 0.65 percent, or 176.36 points, to 27,118.35.
The benchmark Shanghai Composite Index shed 0.99 percent, or 28.77 points, to 2,881.97, while the Shenzhen Composite Index, which tracks...
Friday, 14 June 2019 19:50 WIB
Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain.
Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain.
There was a big rise in auto sales, but the even...
Saturday, 15 June 2019 03:09 WIB
U.S. oil futures scored back-to-back session gains on Friday, as attacks on oil tankers near the Strait of Hormuz a day earlier raised risks to the global flow of crude oil. Prices, however, ended the week lower on persistent worries that trade tensions will lead to a slowdown in energy demand.
July West Texas Intermediate oil rose 23 cents, or 0.4%, to settle at $52.51 a barrel on the New York...