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Tokyo stocks close higher
Monday, 27 May 2019 13:42 WIB

Tokyo shares edged up on Monday, as investors expressed relief over US President Donald Trump taking a softer stance towards Japan as the two countries attempt to resolve a thorny trade dispute. The key Nikkei 225 index rose 0.31 percent, or 65.36 points, to close at 21,182.58, while the broader Topix index was up 0.38 percent, or 5.79 points, at 1,547.00. Source : AFP

Durable-Goods Orders Slump 2.1% in April And Business Investment Almost Dries Up
Friday, 24 May 2019 20:02 WIB

Orders for durable or long-lasting goods fell sharply in April, mostly because of falling demand for Boeing jets and new cars and trucks. Business investment also continued to weaken, reflecting worries about the China trade fight and a slower U.S. economy. Orders for durable goods ” products meant to last at least three years ” dropped 2.1% in April, the government said Friday. The...

Oil falls as U.S.-China trade war weighs, but OPEC cuts underpin prices
Monday, 27 May 2019 13:57 WIB

Oil prices fell on Monday, extending losses from last week when crude dropped the most this year on concerns the Sino-U.S. trade war could trigger a broad economic slowdown, although OPEC's supply cuts provided some support. U.S. West Texas Intermediate (WTI) crude futures were at $58.24 per barrel at 05:41 GMT, down 39 cents, or 0.7%, from their last settlement. Front-month Brent crude...

Smaller Pro-EU Parties Surge in European Elections; Centrists Lose Seats
Monday, 27 May 2019 10:57 WIB

Smaller European parties saw a surge of support in continent-wide elections for the European Parliament in what politicians and analysts agree will likely be seen as the most consequential since 1979, when European Union voters first began casting ballots for the bloc's legislature. Early results Sunday suggested the 751-seat parliament will be more fragmented than ever...

Fed minutes: Voters say patient stance can last 'for some time'
Thursday, 23 May 2019 01:16 WIB

The voting members of the Federal Open Market Committee seemed comfortable with their patient stance on interest rate, agreeing it could last for "some time," according to minutes of their April 30- May 1 meeting released Wednesday. Even if global economic and financial conditions improve, a wait-and-see approach was warranted, the officials said. Officials were split on the...

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