Oct 31 2024, 08:53 The Hang Seng Index opened 0.4% higher at 20,468.09 in Hong Kong. Xiaomi Corp. contributed the most to the index gain, increasing 3.3%. China Mengniu Dairy Co. had the largest increase, rising 3.9%. In early trading, 36 of 82 shares rose, while 40 fell; 3 of 4 sectors were higher, led…
Oct 31 2024, 01:34 Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a reminder to investors of the high opportunity cost of the non-yielding precious metal. The precious metal’s…
Oct 31 2024, 07:22 Oil rose for a second session after US crude inventories shrank, with the market monitoring the Middle East for any potential flare-up. West Texas Intermediate traded near $69 a barrel after advancing 2.1% on Wednesday, while Brent closed above $72. US stockpiles of crude, gasoline and distillate — a category that includes diesel —…
