Thursday, 25 April 2019 15:31 WIB
Hong Kong shares ended sharply lower Thursday, tracking a sell-off on Wall Street and across most of Asia, while Shanghai plunged more than two percent on concerns China will ease up on its recent monetary easing measures.
The Hang Seng Index fell 0.86 percent, or 256.03 points, to close at 29,549.80.
The benchmark Shanghai Composite Index tumbled 2.43 percent, or 77.78 points, to 3,123.83 and...
Thursday, 25 April 2019 10:55 WIB
On Thursday, the Bank of Japan (BOJ) concluded its 2-day April monetary policy review meeting and made no changes to its monetary policy settings, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.
The BOJ vote was 8 to 1, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.
The decision on maintaining its...
Thursday, 25 April 2019 14:04 WIB
Oil traded near $66 a barrel after U.S. crude inventories rose by more than expected, stymieing a rally driven by the prospect of tighter supplies due to American sanctions on Iran.
Futures in New York were little changed after posting the biggest drop in more than a week on Wednesday. Government data showed U.S. stockpiles rose by 5.48 million barrels last week, compared with an...