Saturday, 22 February 2020 04:19 WIB
Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated.
The Hang Seng Index fell 1.1 percent, or 300.35 points, to 27,308.81.
Mainland China's benchmark Shanghai Composite Index closed up 0.3 percent, or 9.52 points, to 3,039.67.
Friday, 21 February 2020 21:54 WIB
U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders, a warning sign that the outbreak is starting to dent the world™s largest economy.
The IHS Markit purchasing managers™ index measuring composite output at factories and service providers fell by 3.7 points to 49.6, the...
Saturday, 22 February 2020 02:55 WIB
Oil futures fell on Friday, pressured by the possibility of a breakdown in the oil alliance between Saudi Arabia and Russia, as the market continues to worry that the spread of COVID-19 will slow energy demand.
Saudi Arabia is weighing a break in its alliance with Russia and holding talks with Kuwait and the United Arab Emirates to discuss a cut of as much as 300,000 barrels a day, The Wall...