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MARKET UPDATE
Tech sector leads Nikkei rally after Brexit relief
Friday, 18 October 2019 10:13 WIB

Japanese shares inched higher on Friday after high-tech companies jumped on upbeat earnings from Taiwan's TSMC while the overall sentiment was also underpinned after the European Union and Britain struck a severance deal. The Nikkei share average rose 0.77% to 22,624.60, jumping above Tuesday's...

ECONOMY
China's GDP growth slows to 6%, Industrial Production betters estimates
Friday, 18 October 2019 09:26 WIB

China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed. The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP...

COMMODITY
Oil Poised for Weekly Decline as Trade-Deal Optimism Subsides
Friday, 18 October 2019 09:54 WIB

Oil headed for a weekly drop as optimism over U.S.-China trade detente was tempered by signs it will still be hard to reach even a limited deal, while American crude inventories data painted a mixed picture. Futures in New York edged lower on Friday and are down 1.5% for the week. Crude closed...