Tuesday, 22 October 2019 08:53 WIB
Hong Kong stocks ticked higher in the first few minutes of trade Tuesday, tracking gains on Wall Street and boosted by signs of further progress in the China-US trade talks.
The Hang Seng Index added 0.33 percent, or 88.13 points, to 26,813.18.
The benchmark Shanghai Composite Index rose 0.20 percent, or 5.98 points, to 2,945.60 and the Shenzhen Composite Index, which tracks stocks on China's...
Friday, 18 October 2019 09:26 WIB
China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed.
The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%.
However, the Industrial Production rose 5.8% year-on-year in September, beating the...
Tuesday, 22 October 2019 08:38 WIB
Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.
Brent crude futures were at $59.10 a barrel by 00:27 GMT, up 14 cents, or 0.2%, from their previous settlement. Brent settled down 0.8% at $58.96.
U.S. West Texas...