China’s consumer prices fell in September while producer deflation persisted, as prolonged domestic weakness and renewed trade tensions weighed on consumer and business confidence. The consumer price index (CPI) dipped 0.3% last month from a year earlier, National Bureau of Statistics data showed on Wednesday, versus a 0.2% fall in a Reuters poll of economists….
SINGAPORE -Oil prices clawed back some gains on Monday after hitting five-month lows in the previous session as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world’s two largest economies and oil consumers. Brent crude futures rose 87 cents, or 1.39%, to $63.60 a barrel…
Rupee hits 88.36 against the dollar amid fears of U.S. tariffs; RBI steps in with dollar sales to limit losses as foreign investors pull out $1.4 billion in September. Source link
Asian stocks opened higher Monday with the US and China set to resume trade negotiations, while positive jobs data in the world’s largest economy eased recession fears. Equities in Japan and and South Korea opened higher while contracts for the S&P 500 index were flat after the gauge closed at its highest since February. Yields…
Asian shares dropped along with US stock-index futures as trade tensions dialed up, prompting investors to hold back on taking risky bets. Gold rose in demand for safe haven assets. Indexes in Japan and Australia opened lower. US equity-index futures slipped 0.3% after President Donald Trump ratcheted up trade tensions saying he would double tariffs…