Friday, 19 July 2019 15:25 WIB
Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month.
The Hang Seng Index added 1.07 percent, or 303.74 points to 28,765.40.
The benchmark Shanghai Composite Index climbed 0.79 percent, or 23.02 points, to 2,924.20 and the Shenzhen Composite Index, which tracks stocks on China's...
Thursday, 18 July 2019 15:48 WIB
U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note.
The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by Bloomberg had predicted another fall.
Sales were up 0.7% in the second quarter, adding 0.04...
Friday, 19 July 2019 15:17 WIB
Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East.
Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT.
The metal is on track for...