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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.
NEW YORK: Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump's remarks that talks with China on an interim trade deal were going "very well." All three major U.S. stock indexes snapped a three-day losing streak with a broad-based rally, led by financial, healthcare and tariff-sensitive technology stocks.
HONG KONG: A private survey shows Hong Kong economy is on course for the weakest quarter in 21 years in the fourth quarter of 2019.
BEIJING: Activity in China's services sector accelerated to a seven-month high in November, as new business, especially new export business, picked up, a private survey showed on Wednesday.
HONG KONG: A pickup in China’s factory sentiment filtered across Asia in November, though there were few signs of a strong rebound yet.
Hong Kong (Dec 2, ANN): Asian markets rose on Monday (Dec 2) as investors cheered data showing a surprise jump in Chinese factory activity, while oil prices bounced from last week's sharp losses after Iraq said top producers could announce a cut in output this week.
KUALA LUMPUR: Asian markets including ended Monday, the first trading day of December, higher as investors' appetite for riskier assets perked up following positive factory data from China.
AS we draw near to year-end, many would prefer to see a trade agreement instead of gifts from Santa Claus.