Thursday, 4 June 2020 07:38 WIB
Stocks in Asia rose in Thursday morning trade as optimism over the economic recovery from the coronavirus pandemic continued to keep investor sentiment afloat.
South Korea™s Kospi led gains among the region™s major markets as it rose 1.76% in early trade, adding to its nearly 3% Wednesday surge.
In Japan, the Nikkei 225 added 1.06% while the Topix index advanced 0.85%.
Wednesday, 3 June 2020 21:19 WIB
U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the economy could take years to recover from the devastation caused by the COVID-19 crisis.
The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing activity index rose to a reading of 45.4 last month from 41.8 in April,...
Thursday, 4 June 2020 08:30 WIB
The euro held near multi-month highs against rival majors Thursday on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy.
The euro's strength helped to push the dollar's index against a basket of key currencies to the lowest level in nearly three months.
The euro stood at $1.12305, having risen to $1.1258...