US stocks plummet, pulling much of the global indices down with them
Commodity trading also plummeted after Wall Street’s sudden decline this week [Xinhua]
Oil prices have continued into their third day of decline as US stocks plunge at the fastest rate since 2016.
The US benchmark West Texas intermediate dropped 0.76 per cent to $63.66 a barrel for March. Global benchmark Brent Crude fell 0.89 per cent for April to $67.02 a barrel.
By Ivan Danilov | Sputnik | January 24, 2018 In its latest “Asia insight” feature, Japanese news agency Nikkei speculates that Russia is “meddling” in Malaysia and other Asian countries with alleged “authoritarian streaks”. It seems that the fake news epidemic that struck Western media during the US presidential elections and the Brexit vote has spread […]
There are fears that the standoff between North Korea and the US could rattle Asian markets and derail Japan’s revitalized economy [Xinhua]
If Japanese Prime Minister Shinzo Abe is feeling smug about economic policy right now, he’s got the figures to back him up.
Second quarter GDP growth jumped a full 1.0 per cent in Q2 of the year to reach an annualized 4 per cent, a coup for his policies of raising value added taxes to boost income and stimulate the market.
The latest data beat forecasts of a gain of 0.6 per cent in Q2.
