Saturday, 24 August 2019
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GLOBAL
Abe: Seoul's Ending of Intelligence Deal Damages Mutual Trust
Friday, 23 August 2019 17:13 WIB

Japan's prime minister said Friday that South Korea's decision to end a military intelligence sharing deal with Tokyo damages mutual trust. Shinzo Abe, speaking a day after Seoul announced its decision, said Tokyo œwill continue to closely coordinate with the U.S. to ensure regional peace and...

MARKET UPDATE
Hong Kong stocks finish week on positive note (Review)
Saturday, 24 August 2019 04:05 WIB

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent, or 130.61 points, to 26,179.33. The benchmark...

ECONOMY
German Companies Brace for Economic Recession as Orders Crumble
Thursday, 22 August 2019 14:47 WIB

Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession. German manufacturing shrank for an eighth month in August, barely offset by still-solid services, according to IHS Markit. Overall business...

GOLD CORNER
Bearish Cracks Appearing In Bullish Gold Market
Monday, 19 August 2019 15:16 WIB

After three-straight weeks of gains, cracks are starting to appear in gold's bullish veneer, particularly among Wall Street analysts, according to the latest results of the Kitco News Weekly Gold Survey. It has been a volatile week for the precious metal as unprecedented recession fears and new...

COMMODITY
Oil prices slide 2.1% as US-China trade war escalates
Saturday, 24 August 2019 03:44 WIB

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the world™s two largest economies. Brent crude futures fell 50 cents, or 0.8%, to $59.40 a barrel. U.S. West Texas...

FISCAL & MONETARY
Carney Says No-Deal Brexit Would Probably Lead to BOE Easing
Saturday, 24 August 2019 03:44 WIB

A collapse of Brexit talks resulting in the U.K. leaving the European Union without a transition agreement would likely prompt the Bank of England to loosen monetary policy, Governor Mark Carney said. While the Monetary Policy Committee™s reaction would depend on how demand, supply...

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