Oil fell, joining a retreat in commodities and equity markets, as a soft outlook for China’s economy outweighed lower US stockpiles. Brent dropped toward $81 a barrel after gaining 0.9% on Wednesday, with West Texas Intermediate near $77. While Beijing further eased monetary policy on Thursday, there’s underlying concern that its slowdown will hamper crude demand. Equities and commodities including copper were…
Jan 16 2025, 08:45 Producer prices in Japan increased by 3.8% yoy in December 2024, keeping the same pace as in the previous month and aligning with market consensus. It was the 46th straight month of producer inflation, remaining at its highest level since June 2023, as cost continued to grow for transport equipment (1.7%…
Hong Kong shares surged 375 points, or 1.4%, to 26,405 on Friday morning’s trade, reversing losses in the prior session and hitting their highest in over four years. The rally was broad-based, tracking a global rally after Wall Street’s S&P 500 notched a third record close Thursday following higher-than-expected US jobless claims that solidified bets…
Gold prices firmed on Monday, nearing its recent record high, amid solid bets of a September interest-rate cut following dovish signals from Federal Reserve Chair Jerome Powell and safe-haven demand due to geopolitical risks in the Middle East. Spot gold rose 0.3% to $2,518.47 per ounce at 01:45 p.m. ET (1742 GMT), just shy of…
Jan 23 2025, 16:05 Hang Seng turun 78 poin atau 0,4% hingga ditutup pada level 19.700 pada hari Kamis (23/1), beralih dari kenaikan pada sesi pagi di tengah risiko tarif yang membayangi dan kekhawatiran atas momentum ekonomi Tiongkok yang lesu. Sementara itu, indeks berjangka AS bergerak turun setelah S&P 500 Wall Street mendekati level tertinggi…
Saham Jepang turun karena yen tetap menguat menjelang keputusan kebijakan Bank of Japan (BOJ) yang akan diumumkan hari ini. Indeks Topix turun 0,8% menjadi 2.363,46 pada pukul 9:01 pagi waktu Tokyo. Indeks Nikkei turun 0,9% menjadi 32.272,61. Toyota merupakan penyumbang terbesar terhadap penurunan Topix, dengan penurunan sebesar 1,1%. Dari 2.157 saham dalam indeks tersebut, 245…
