Saturday, 29 February 2020 04:19 WIB
Hong Kong and Shanghai stocks took another battering on Friday, in line with a global sell-off that has wiped trillions off market valuations as investors fret over the economic impact of the coronavirus.
The Hang Seng Index fell 2.42 percent, or 648.69 points, to end at 26,129.93 -- losing more than four percent since last Friday's close.
The benchmark Shanghai Composite Index lost 3.71...
Tuesday, 25 February 2020 22:17 WIB
U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus.
The Conference Board™s reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell...
Saturday, 29 February 2020 02:53 WIB
U.S. oil prices experienced their steepest weekly fall since 2008 as the spread of the coronavirus stokes fears of slowing global demand.
Investors are increasingly worried as the virus has spread beyond its epicenter in China to more than 40 other countries.
West Texas Intermediate crude settled down 4.9%, to $44.76 per barrel. U.S. crude has fallen about 16% for the week, the biggest weekly...