Thursday, 12 December 2019 04:22 WIB
Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend.
At the close of trade, the Hang Seng index was up 0.8% at 26,645.43, hovering around the session™s high. Earlier in the day, the index hit its highest since Nov. 29. The Hang Seng China Enterprises index gained...
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...
Thursday, 12 December 2019 03:31 WIB
Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles.
Prices showed little reaction to the Federal Reserve™s decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%.
On Wednesday, West Texas Intermediate crude for January...