Tuesday, 7 July 2020 08:54 WIB
Hong Kong stocks started with more gains Tuesday, having climbed more than six percent over the previous four sessions and following a surge on Wall Street.
The Hang Seng Index rose 0.88 percent, or 231.92 points, to 26,571.08.
The benchmark Shanghai Composite Index jumped 1.44 percent, or 48.07 points, to 3,380.95 while the Shenzhen Composite Index on China's second exchange climbed 0.98...
Monday, 6 July 2020 21:14 WIB
A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns.
The Institute for Supply Management said Monday that its non-manufacturing index soared a record 11.7 points to 57.1 last month. Readings above 50 indicate growth, and the June figure exceeded the 50.2 median...
Tuesday, 7 July 2020 10:29 WIB
Oil prices cautiously rose in early trade on Tuesday with major producers sticking to supply cuts, but gains were capped as U.S. coronavirus cases surged, potentially hampering a recovery in fuel demand.
U.S. West Texas Intermediate (WTI) crude futures climbed 13 cents, or 0.3%, to $40.76 a barrel at 0103 GMT, recouping a 2 cent loss from Monday.
Brent crude futures rose 7 cents, or 0.2%, to...