Tuesday, 15 October 2019 03:44 WIB
Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers.
The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance.
The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which...
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...
Tuesday, 15 October 2019 03:39 WIB
One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism.
Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement.