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POPULAR NEWS
Hong Kong Stocks Close Lower on Virus Worries (Review)

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated. The Hang Seng Index fell 1.1 percent, or 300.35 points, to 27,308.81. Mainland China's benchmark Shanghai Composite Index closed up 0.3 percent, or 9.52 points, to 3,039.67. The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 1.1 percent, or 21.21 points,...

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industrial Average fell around 227 points, or 0.8%, to end near 28,993, according to preliminary figures, while the S&P 500 lost around 36 points, or 1.1%, to finish near 3,338. The Nasdaq Composite dropped around 174 points, or 1.8%, ending near...

Dollar holds modest gains, Aussie finds footing after plunge
Friday, 22 February 2019 08:36 WIB | CURRENCIES |DOLLAR Indeks DolarAussieAussieDolar

The dollar held gains against its peers early on Friday, bolstered by a rise in U.S. yields, while the Aussie clawed back some of its recent plunge on upbeat central bank comments and easing concerns about China's ban on Australian coal imports.

The dollar index against a basket of six major currencies was little changed at 96.582 after edging up about 0.15 percent overnight when long-term Treasury yields surged to a one-week high amid on news of progress in U.S.-China trade talks.

The rise by the greenback, however, had been limited after Thursday's soft U.S. economic data, including an unexpected fall in core capital goods orders and weak existing home sales, which affirmed expectations that the Federal Reserve will hold interest rates steady.

The Australian dollar was up 0.3 percent at $0.7109 after sliding more than 1 percent to a 10-day low the previous day on fears a ban on the country's coal by a Chinese port would hurt Australia's already slowing economy.

Source : Reuters

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POPULAR NEWS
Hong Kong Stocks Close Lower on Virus Worries (Review)

Hong Kong stocks closed sharply lower Friday as the rising toll from the deadly coronavirus outside China fanned fears the epidemic's impact on earnings and economic growth could be worse than anticipated. The Hang Seng Index fell 1.1 percent, or 300.35 points, to 27,308.81. Mainland China's benchmark Shanghai Composite Index closed up 0.3 percent, or 9.52 points, to 3,039.67. The Shenzhen Composite Index, which tracks stocks on China's second exchange, was up 1.1 percent, or 21.21 points,...

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industrial Average fell around 227 points, or 0.8%, to end near 28,993, according to preliminary figures, while the S&P 500 lost around 36 points, or 1.1%, to finish near 3,338. The Nasdaq Composite dropped around 174 points, or 1.8%, ending near...

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