Monday, 14 October 2019 09:00 WIB
Hong Kong stocks rallied out of the blocks Monday after China and the United States reached a mini trade deal that raised hopes the two sides were on the path to resolving their long-running stand-off.
The Hang Seng Index jumped 0.81 percent, or 214.36 points, to 26,522.80.
The benchmark Shanghai Composite Index gained 0.68 percent, or 20.30 points, to 2,993.96, while the Shenzhen Composite...
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...
Monday, 14 October 2019 08:14 WIB
The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress towards a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union.
On Friday, the dollar strengthened against the safe-haven yen to as much as 108.63 yen, its highest level since August 1, before U.S. President Donald...