Saturday, 12 October 2019 03:17 WIB
Hong Kong stocks surged more than two per cent Friday on optimism over China-US trade talks, while energy firms were boosted by a spike in oil prices after an Iranian tanker was hit by a double explosion in the Gulf.
The Hang Seng Index jumped 2.34 per cent, or 600.51 points, to 26,308.44.
The benchmark Shanghai Composite Index added 0.88 per cent, or 25.95 points, to 2,973.66, while the...
Thursday, 10 October 2019 20:04 WIB
A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, likely bolstering the case for the Federal Reserve to cut interest rates for the third time in three months.
The core consumer price index, which excludes food and energy, increased 0.1% from the prior month, a Labor Department report showed Thursday, below the...
Saturday, 12 October 2019 03:02 WIB
The dollar dropped to a three-month low on Friday as safe-haven buying eased and risk sentiment improved on hopes of progress in trade negotiations between the United States and China, as well as increased chances of an orderly British exit from the European Union.
Sterling rose to a more than three-month high versus the dollar on optimism about Brexit, while the euro advanced to a three-week...