Monday, 21 October 2019 08:50 WIB
Hong Kong stocks started Monday with small gains after China's top negotiator hailed "substantial progress" in pushing through a partial trade deal with the United States.
The Hang Seng Index added 0.08 per cent, or 21.84 points, to 26,741.42.
The benchmark Shanghai Composite Index edged down 0.14 per cent, or 4.24 points, to 2,933.90 and the Shenzhen Composite Index, which tracks stocks on...
Friday, 18 October 2019 09:26 WIB
China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed.
The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%.
However, the Industrial Production rose 5.8% year-on-year in September, beating the...
Monday, 21 October 2019 12:39 WIB
Oil prices fell on Monday in Asia amid continued concerns on China's weak GDP growth and reports that Russia missed its target to cut oil output in September.
U.S. Crude Oil WTI Futures slipped 0.1% to $53.80 by 1:05 AM ET (05:05 GMT). International Brent Oil Futures also fell 0.2% to $59.24.
Data on Friday showed China's GDP growth slowed to 6% year-on-year in the third quarter of 2019, less...