Wednesday, 16 October 2019 10:39 WIB
Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted blue-chip exporters, while chip-related stocks advanced, taking their cue from Wall Street peers.
The benchmark Nikkei average rose as much as 1.8% to 22,615.47, its highest intra-day level since Dec. 3 in early trade, following gains of 1.9% on Tuesday. It ended the morning session up 1.5%.
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...
Wednesday, 16 October 2019 12:47 WIB
Gold climbed from the lowest close in two weeks as investors weighed a revival in U.S.-China tensions and prospects for slower global growth against stronger-than-expected U.S. corporate earnings.
China threatened to retaliate if the U.S. Congress follows through with legislation that would require an annual review of whether Hong Kong is sufficiently autonomous from Beijing to...