Thursday, 17 October 2019 15:31 WIB
Hong Kong shares finished on a positive note Thursday as more weak US data raised hopes for another interest rate cut by the Federal Reserve.
The Hang Seng Index rose 0.69 percent, or 184.21 points, to 26,848.49.
The benchmark Shanghai Composite Index edged down 0.05 percent, or 1.38 points, to 2,977.33, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was...
Thursday, 17 October 2019 16:03 WIB
British shoppers grew more cautious about their spending in the three months to September despite enjoying real growth in their wages, raising concerns about the health of the economy in the run-up to Brexit.
Consumer spending has been the biggest driver of British economic growth since June 2016's referendum to leave the European Union, but there have been increasing signs that this is...
Thursday, 17 October 2019 13:35 WIB
Oil prices fell on Thursday in Asia after the American Petroleum Institute (API) said crude stockpiles rose sharply last week.
U.S. Crude Oil WTI Futures lost 0.8% to $52.92. International Brent Oil Futures were down 0.7% to $59.02.
The API said crude inventories rose by 10.5 million barrels to 432.5 million barrels for the week ended Oct. 11.
The Energy Information Aministration (EIA) weekly...