Monday, 1 June 2020 15:42 WIB
Hong Kong stocks started the week with a bang Monday, rallying more than three percent on relief that Donald Trump held off unveiling severe measures against China over its security law proposal for the financial hub.
The Hang Seng Index jumped 3.36 percent, or 771.05 points, to 23,732.52.
The benchmark Shanghai Composite Index rose 2.21 percent, or 63.08 points, to 2,915.43, while the...
Thursday, 28 May 2020 19:53 WIB
The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revision, the Commerce Department said.
Looking ahead, economists surveyed by MarketWatch predict GDP will plunge at a 27.7% annual rate as people stayed home to try to stem the spread of the...
Monday, 1 June 2020 16:00 WIB
Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support.
Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60.
Protesters have flooded the streets in the United States over the death of...