Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent,...
U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest...
Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the...
Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a...
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Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 points, to 2,912.01 and the Shenzhen Composite Index, which tracks stocks on China's second...
U.S. job gains roared back in November as unemployment matched a fresh half-century low and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Stock futures and the dollar jumped while Treasuries slid.
Payrolls jumped 266,000, the most since January, after an upwardly revised 156,000 advance the prior month, according to...
Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June.
Prices got a lift after the Organization of the Petroleum Exporting Countries and its allies announced an agreement to cut production by an additional 500,000 barrels a day starting in January. Including the 1.2 million barrels in reductions under the...
Minorities in Pakistan are anxiously awaiting the final court ruling against a hardline cleric who was indicted last month on charges of sedition and terrorism for inciting nationwide protests in Pakistan.
An Anti-Terrorism Court (ATC) in Pakistan's Punjab province formally charged Khadim Hussain Rizvi, the leader of Tehreek-e-Labbaik Pakistan (TLP), an extremist political...
Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market.
Reserve Bank Governor Philip Lowe and his board kept the cash rate at 0.75% Tuesday, in line with expectations of economists and money markets. He will want to hold onto his remaining...
Confusion and uncertainty dominates the gold market as traders and investors continue to react to shifting trade sentiment between China and the U.S.
The latest Kitco News Weekly Gold Survey shows Wall Street analysts nearly caught in a three-way tie, while only a slight majority of retail investors remain bearish on gold.
"One day a trade deal with China is on and then the...