Monday, 26 August 2019 10:17 WIB
Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets.
The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day.
China on Friday imposed tariffs on about $75 billion in...
Thursday, 22 August 2019 14:47 WIB
Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession.
German manufacturing shrank for an eighth month in August, barely offset by still-solid services, according to IHS Markit. Overall business confidence declined and orders fell for the third time in four months. A Purchasing...
Monday, 26 August 2019 12:33 WIB
Oil Prices were down on Monday in Asia after China announced late last week an additional 10% tariff on $75 billion of U.S. products, including crude.
In retaliation, U.S. President Donald Trump said he ordered U.S. companies to consider closing operations in China and make products in the United States instead.
U.S. Crude Oil WTI Futures dropped 1.3% to $53.46 by 1:02 AM ET (05:02 GMT), while...