Tuesday, 7 April 2020 03:38 WIB
Hong Kong stocks ended Monday with healthy gains, lifted by signs that new infections of coronavirus are slowing in some of the worst-hit countries, while energy firms were boosted by last week's surge in oil prices.
The Hang Seng Index rose 2.21 percent, or 513.01 points, to 23,749.12.
Friday, 3 April 2020 19:48 WIB
The U.S. economy shed 701,000 jobs in the month to mid-March, the government said in a monthly labor market report that largely predates any impact from the Covid-19 pandemic on the U.S. economy.
The figures, normally the most eagerly-awaited data of the month in global financial markets, have already been rendered largely meaningless by the unprecedented spike in jobless claims over the...
Tuesday, 7 April 2020 02:10 WIB
Oil futures settled with a loss on Monday, with U.S. prices down for the first time in three sessions.
A key meeting of major oil producers that was originally expected Monday was pushed to Thursday, contributing to uncertainty in the market as traders await news potential crude production cuts.
May West Texas Intermediate oil fell $2.26, or 8%, to settle at $26.08 a barrel on the New York...