Friday, 13 December 2019 08:49 WIB
Hong Kong stocks surged out of the blocks Friday morning after reports China and the United States had finally reached a partial trade deal that will see Washington cancel the imposition of fresh tariffs planned for the weekend.
The Hang Seng index rose 1.85 percent, or 500.37 points, to 27,494.51.
The benchmark Shanghai Composite Index gained 0.76 percent, or 22.08 points, to 2,937.78 and the...
Wednesday, 11 December 2019 21:15 WIB
A key measure of U.S. consumer prices remained subdued in November, bolstering widespread expectations Federal Reserve policy makers will hold the line on interest rates.
The core consumer price index, which excludes volatile food and energy costs, rose 0.2% for a second month, and 2.3% from a year earlier, a Labor Department report showed Wednesday. Those figures matched the median...
Friday, 13 December 2019 08:39 WIB
Oil rose to the highest level in almost three months after U.S. President Donald Trump signed off on a limited trade deal with China, improving the global demand outlook.
West Texas Intermediate for January delivery rose 32 cents, or 0.5%, to $59.50 a barrel on the New York Mercantile Exchange as of 9:28 a.m. in Singapore. The contract, which closed at the highest level since Sept. 17 on...