Monday, 26 August 2019 10:17 WIB
Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets.
The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day.
China on Friday imposed tariffs on about $75 billion in...
Thursday, 22 August 2019 14:47 WIB
Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession.
German manufacturing shrank for an eighth month in August, barely offset by still-solid services, according to IHS Markit. Overall business confidence declined and orders fell for the third time in four months. A Purchasing...
Monday, 26 August 2019 12:44 WIB
Gold prices rose on Monday in Asia as investors seek safe-haven from trade war fears.
Gold Futures for December delivery were up 1% at $1,552.90 on the Comex division of the New York Mercantile Exchangem by 1:22 AM ET (05:22 GMT).
The gains came amid China™s announcement of new tariffs on U.S. products and President Donald Trump™s demand that U.S. companies pull out of the republic. The...