Thursday, 4 June 2020 03:20 WIB
Hong Kong shares rallied for a third straight day Wednesday as the easing of lockdowns around the world overshadowed worries about China-US tensions.
The Hang Seng Index climbed 1.37 percent, or 329.68 points, to 24,325.62.
The benchmark Shanghai Composite Index rose 0.07 percent, or 1.97 points, to 2,923.37, while the Shenzhen Composite Index on China's second exchange was flat, inching up...
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 01:43 WIB
Oil moved between gains and losses in a volatile trading session, as demand continues to improve, but as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.
Brent crude futures for August were down 7 cents, or 0.2%, at $39.50 a barrel. The session high of $40.53 was the highest since March 6. West Texas Intermediate...