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NEW YORK: Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers.
BEIJING: China’s manufacturing sector continued to expand output in December, adding to evidence that the world’s second-largest economy is stabilising as the signing of a phase one trade deal with the US nears
BEIJING: Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories’ output and order books.
BEIJING: Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories' output and order books.
BEIJING: Factory activity in China expanded for a second straight month in December, as Beijing's stimulus measures buoyed domestic demand and exporters cheered a trade war truce with the United States.
SINGAPORE: Emerging markets are headed into 2020 on a high note even if the US-China trade talks remain a nagging risk for investors.
Much hope is pinned on some emerging markets and developing economies (EMDEs) to provide the boost to world growth but can they deliver on this?
THE outlook for the global economy may be improving slightly, at least in the first half of 2020, but storm clouds remain.
THE global economic environment remains fraught with uncertainties.However, one thing is clear, and that is, the risk of a global recession in 2020 remains low.
THE current situation of the financial markets and geopolitical stage can be described with only one phrase: expect the unexpected.