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Global Forex Market
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.
BEIJING: The purchasing managers' index for China's manufacturing sector firmed up to 50.2 in November from 49.3 in October, the National Bureau of Statistics (NBS) said Saturday.
KUALA LUMPUR: The Finance Ministry is confident the jump in Malaysia's Manufacturing Purchasing Managers' Index (PMI) in October to the highest pace in six months, will help the country achieve the 4.7 per cent Gross Domestic Product (GDP) growth target for this year.