Thursday, 20 June 2019 10:00 WIB
Japan™s Nikkei rose on Thursday and hovered at six-week highs after the U.S. Federal Reserve signalled it was ready to cut interest rates to support the economy, but gains were gapped by a stronger yen.
The Nikkei share average rose 0.5% to 21,442.94 points by midmorning, after it climbed 1.7% on Wednesday. The broader Topix gained 0.3% to 1,560.
The Fed said that it was ready to battle...
Wednesday, 19 June 2019 15:53 WIB
Falling air fares and car prices saw U.K. inflation return to the Bank of England™s target last month.
Consumer prices rose 2% from a year earlier, down from 2.1% in April, the Office for National Statistics said Wednesday. Core inflation slowed to 1.7% from 1.8%.
Air fares, which surged in an Easter-related boost in April, fell 5.2% in May compared with a 10% increase a year earlier....
Thursday, 20 June 2019 10:58 WIB
Oil rose as U.S. crude stockpiles fell more than forecast and as OPEC™s top producers progressed toward extending output cuts for the rest of the year after ending a monthlong stalemate on a meeting date.
Futures climbed as much as 1.7% in New York, rebounding from a 0.3% drop on Wednesday. American crude inventories fell by 3.1 million barrels last week, according to...